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The Economic Times
The Economic Times

Charting the global economy: Fed turns hawkish, China demand weakens

(Bloomberg) --Federal Reserve Chairman Kevin Warsh presided over his first policy meeting since taking the helm of the US central bank, vowing to restore price stability as officials signaled growing support for interest-rate hikes this year.

Meanwhile a key gauge of underlying euro-area price pressures was stronger than initially reported, supporting European Central Bank policymakers’ concerns about lingering inflation risks from the conflict in the Middle East.

Switzerland lost its position as the world’s most competitive economy to Singapore, slipping to third place in a global ranking.

Here are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy, markets and geopolitics:

US

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