Our Economy and the World Issue 393

22-12-2024

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

Key Global and Regional Developments over the Past Week

  • Reuters: Fed lowers rates but projects slower pace of further cuts, firmer inflation
  • Reuters: UK factories report plunge in output, adding to economic slowdown signs
  • Bloomberg: Brazil Central Bank calls new spot auction as currency craters
  • AP: Chinese leaders pledge ‘moderately loose’ monetary policy, more support for slowing economy

Special Analysis 

  • UNDP: Human Development Report 2023-24

Developments in Financial and Commodity Markets in the Past Week

  • Bloomberg: Bitcoin retreats from record high after Fed cools risk appetite
  • CNN: Dow plunges more than 1,100 points and marked its longest losing streak since 1974
  • Reuters: Oil settles up after US crude stocks fall, Fed’s 2025 outlook curbs gains