3min chapter

Business Matters cover image

BRICS invites six more countries to join the bloc

Business Matters

CHAPTER

Addressing Structural Changes in the Global Economy and the Anticipation for Jerome Powell's Speech

The chapter discusses the upcoming Jackson Hole meeting and focuses on the impact of the rise of China and its decreasing purchase of US Treasury bonds. It also mentions the anticipation surrounding Jerome Powell's speech and the resilience of US consumers in the face of interest rate rises.

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