Inflation keeps rising at rates not seen in the United States in 40 years. The Federal Reserve continues to raise interest rates in an attempt to get prices under control. Meanwhile, global markets are experiencing significant instability and decline, as investor sentiment grows more and more pessimistic.
With central bankers and policymakers doing what they can to ease inflation鈥攁ll while the war in Ukraine continues to disrupt global economic activity鈥攊s a global recession in 2023 inevitable, or is there light at the end of the tunnel? Leading economic experts discussed these topics at this year鈥檚 Economic Outlook in Chicago on January 10. Read our recap article to get top takeaways from the event.
Wenxin Du is financial research adviser at the Federal Reserve Bank of New York. Prior to joining Booth, Du was principal economist at the Board of Governors of the Federal Reserve System, where she was responsible for monitoring and analyzing developments in international financial markets for the FOMC. She was also a central bank research fellow at the Bank for International Settlements in Basel, Switzerland.
Wenxin Du
