The US is wrapped up in a public debate about the ‘r’ word. In the aftermath of two consecutive quarters of negative growth, the question of whether the US has entered recession has become deeply politicised. Media outlets have, for their part, stoked this public debate. Public attention would be better spent focused on debating the policy actions and choices that can best ward against pain and protect America’s most vulnerable, as the Fed does its job.
Global economic recovery slows as risks bite in 2022 By Dennis Shen The global economic recovery is slowing as elevated commodity prices, weakened economic sentiment and tightening rates take their toll. Faster policy tightening will prevent inflation from becoming more deeply engrained but it raises the risk of policy mistakes.
MEETINGS In conversation with Charles Evans Tuesday 27 September, Broadcast It has been a turbulent year for the US economy, with interest rate hikes and quantitative tightening. Charles Evans, president of the Federal Reserve Bank of Chicago, joins OMFIF for a conversation on the future of the US economy and the path to recovery.
ON DEMAND Why public asset owners are at an inflection point Christine Mikolajuk, EMEA chief operating officer for global client management at BNY Mellon, joins Patricia Haas Cleveland, OMFIF US president, to discuss their latest report, ‘The Evolution of Public Asset Owners’.
LATEST REPORT Sustainable Policy Institute Journal In the summer edition of the journal, contributors lay out why the ‘S’ in ESG is becoming a priority for investors and why social and human rights issues are taking centre stage.
