(Bloomberg) --Applications for US unemployment benefits fell last week to an almost 60-year low, adding to signs of a stable labor market that will allow the Federal Reserve to focus on inflation.
Meanwhile, the European Central Bank rejected an immediate move to raise interest rates and President Christine Lagarde laid the groundwork for a possible rate hike in September.
And South Korea’s economy grew faster than expected in the second quarter, driven by an artificial intelligence-fueled chip boom that supports the case for further interest-rate increases.
Here are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy, markets and geopolitics:
