EY global economic outlook

Adapting your business to a multispeed economic environment

Global economic activity has slowed, but the slowdown is neither homogeneous nor simultaneous across sectors and regions. Near-term risks are skewed to the upside: Europe has avoided a near-term cost-of-living crisis; China is pivoting away from its zero-COVID policy; and the US is seeing resilience in employment and consumer spending. At the same time, global inflation is moderating but remains elevated. As such, central banks will remain on high alert and favor maintaining higher terminal policy rates for longer.

In this uncertain and geopolitically fragmented environment, businesses may need to continue to seek growth opportunities. But executives can do so by building resilience and adaptability. More than ever, it’s important to be proactive. Executives need to seek a better understanding of the outlook and discover how to turn potential pitfalls into new prospects.

Our panelists will discuss:

• The global economic outlook, monetary policy, and various scenarios for 2023
• Labor market developments, inflation, and recession risks
• How businesses can find opportunity in an era of uncertainty

Topics discussed include:

• Recognize current factors affecting the global economy and outlook.
• Identify likely future scenarios for inflation, growth, interest rates and geopolitical developments.
• Determine how to build resilience into your business based on macroeconomic factors.