Our Economy and the World Issue 402

16-03-2025

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

Key Global and Regional Developments over the Past Week

  • Reuters: US budget deficit for Trump’s first full month in office reaches $307 billion
  • Reuters: Bank of Canada cuts rates by 25 bps, warns of tariff crisis
  • Bloomberg: EU targets €26 billion of US products in tariff retaliation
  • Reuters: India’s retail inflation slips below 4% for first time in six months, boosts rate cut hopes

Special Analysis 

  • World Bank: Greater Heights: Growing to High Income in Europe and Central Asia

Developments in Financial and Commodity Markets in the Past Week

  • Euronews: European stocks rise as Ukraine ceasefire talks boost market sentiment
  • Reuters: Oil up 2% on tighter US supplies but tariff concerns loom