Our Economy and the World Issue 374

04-08-2024

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

Key Global and Regional Developments over the Past Week
• Reuters: Powell puts September rate cut on table after Fed leaves borrowing costs unchanged
• Reuters: Euro zone inflation edges up in ‘difficult print’ for ECB
• CNBC: Euro zone’s economy grew 0.3% in second quarter, above expectations despite German contraction
• CNBC: U.S. economy grew at a 2.8% pace in the second quarter, much more than expected

Special Analysis
• UN: Trade and Development: World Investment Report 2024

Developments in Financial and Commodity Markets in the Past Week
• CNBC: S&P 500 posts best day since February as Powell points to possible September rate cut
• Finimize: China Stocks Climb Nearly 2% After Key Politburo Meeting