Weekly Wrap For The Week Ending June 17th, 2022

Weekly Wrap For The Week Ending June 17th, 2022

over 1 year ago1 min

Key takeaways from this week:

  • Both the Federal Reserve and Bank of England increased interest rates this week – by 0.75% and 0.25% respectively – as the central banks continue their fights against still rising inflation
  • BP bought up the largest stake in one of the world's biggest green energy projects in Australia – which will produce green hydrogen as well as energy from solar and wind – as part of its continued push away from oil and gas
  • Luxury Italian carmaker Ferrari is now making a concerted push to electrify its line-up, aiming for 40% of all the cars it sells to be fully electric by 2030

And if you're gonna read one insight this week, make it this one looking at a few ways the next few months could shake out.

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