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The global economy is experiencing growing headwinds from persistently elevated inflation and synchronized rapid central bank policy tightening around the world. Eroding consumer purchasing power and increased business caution will likely lead to a further slowdown in global economic activity, with recessions likely in the euro area and US.
How can businesses manage in a world of elevated economic uncertainty?
Topics discussed include:
The current sources of economic headwinds and likely scenarios
How businesses can be proactive to adapt, focusing on building capital, talent resilience and secure supply chains.
Moderator:
Chris J Librizzi, EY-Parthenon Americas Strategy Leader
Panelists:
Gregory Daco, EY-Parthenon Chief Economist, Ernst & Young LLP (US)
Karen Dynan, Nonresident Senior Fellow, Peterson Institute for International Economics