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The Economic Times
The Economic Times

Charting the global economy: US spending rises, weather looms

(Bloomberg) --US consumer spending showed little sign of buckling from the fallout of the Iran war, even as prices rose at the fastest pace in three years.

Meantime, China is finally making progress on its fiscal deficit, and the Bank of Japan is touting the economic benefits of the global artificial intelligence boom.

Looking ahead, extreme heat and droughts threaten to push up prices globally.

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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