Our Economy and the World Issue 370

07-07-2024

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

Key Global and Regional Developments over the Past Week

  • CNBC: Fed says it’s not ready to cut rates until ‘greater confidence’ inflation is moving to 2% goal
  • CNBC: Euro zone inflation eases to 2.5% as core print misses estimate
  • Reuters: Rupee to trade in narrowest range in about 30 years on RBI’s actions: Reuters poll
  • Reuters: Japan’s service activity slips for first time in 2 years, PMI shows

Special Analysis 

  • World Bank: World Economic Prospects

Developments in Financial and Commodity Markets in the Past Week

  • Reuters: Gold hits near 2-week high as soft US data lifts Fed rate-cut bets
  • Bloomberg: Asian shares head for gains after new S&P 500 peak: Markets Wrap