In the face of numerous challenges, the global economy has demonstrated remarkable resilience this year, notably in the United States, where it has surpassed many anticipations. The ongoing efforts of central banks to curb inflation have cast a shadow of uncertainty over economic activities in the back half of the year.
The global growth landscape is fraught with downside risks. Persistent high inflation rates could potentially escalate due to unforeseen shocks, such as escalating tensions in Ukraine. Even without these shocks, and despite a decline in global headline inflation, inflation pressures remain acute and troubling which might necessitate tighter monetary policy. The financial sector might experience turbulence as markets adapt to policy tightening by central banks. Europe’s economy improved in Q2 but several countries continue to face headwinds. China’s economic recovery has decelerated. Despite the downside risks, there are potential for positive surprises.
On October 5 at 11:00 am EDT, IPC will host a free webinar, Economic Update and Market Outlook. Don’t miss out on this opportunity to stay up to date on the latest economic developments and gain valuable insights from IPC Chief Economist Shawn DuBravac as he helps you navigate an uncertain economic landscape.
What you will learn/gain from this webinar: