John Roberts: What If the Economy Remains Resilient?
Former Fed economist John Roberts does an exercise on what a lower 2023 unemployment rate projection (of 4.2%, instead of 4.6%) could do to FOMC’s SEP. To keep inflation on the current projected path, the terminal rate estimate might go up to 5.6% The economy in 2022 was remarkably resilient to higher interest rates and tighter financial conditions. Although residential construction fell, consumer spending continued to expand. The labor market remained strong in the second half of the year, with payrolls rising 357 thousand per month and the unemployment rate…
The Global Economic Outlook Brightens As Inflation Eases
It’s no secret that the global economy has been struggling for years now. From high unemployment to rising prices, the economic outlook has been bleak. But, there’s good news! The economic outlook is brightening as inflation finally begins to ease. In this blog post, we’ll explore how the global economic outlook is improving and why inflation is easing. We’ll also look at what this means for businesses and consumers around the world. Get ready to dive into the data and see how it all adds up in the end! The…
Navigating the Uncharted Waters of the Global Economy in 2023
As the world continues to grapple with the impacts of COVID 19, the global economy in 2023 is looking increasingly uncertain. It is more important than ever for businesses to understand the interconnectedness of the global economy, position themselves for maximum growth, determine the best strategies for international expansion, and embrace the benefits of digital currency. In this blog post, we will explore these topics, as well as innovative investment opportunities, changes in international trade regulations, new markets for expansion, risk mitigation strategies, leveraging of new technologies, and the cultivation…