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Transcripts For CNBC Street 20240703

The u. S. Central bank doesnt want to risk overtightening and adding that the fed is at the end of the hiking cycle. The death toll from the israelhamas war is claiming 1,500 lives as they prepare to mobilize 300,000 reservists. And countrygarden is warning it is unlikely the company will be able to pay the remaining debt obligations. After resilient start to 2023, Global Growth is expected to slow this year and next according to the latest projections by the imf. The outlook released a moment ago, the fund says the United States is on track to exceed prepandemic growth with gdp expected to rise 2. 5 this year and 1. 5 next year. China is expected to lag behind. Global headline inflation is set to decline from the peak from last year to 5. 9 in the Fourth Quarter of this year and fall further below 5 in 2024. This
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