Our Economy and the World Issue 366


This week’s issue of “Our Economy and the World” includes:

Key Global and Regional Developments over the Past Week

  • CNBC: UK inflation comes in hotter than expected, slashing June rate cut bets
  • BBC: Rates should be cut to 3.5% by end of 2025, IMF says
  • Financial Times: Surging German wage growth casts doubt on timing of ECB rate cuts
  • Bloomberg: White House touts support for Fed independence as Trump advisers eye changes

Special Analysis 

  • UN: World Economic Situation and Prospects 2024

Developments in Financial and Commodity Markets in the Past Week

  • CNBC: Oil prices extend losing streak, books third consecutive daily decline
  • CNBC: Dow closes 200 points lower for worst day in May as Fed reignites inflation worries