Global Data Pod Weekender: A few more bumps in the road

While high inflation and a range of shocks have dragged down 1H22 growth, we still see a resilient global economy returning to above-trend growth in 2H. However, lingering COVID-related lockdowns in China, rising food prices, and tightening financial conditions put some downside risk into this outlook. Next week’s April activity data will be a study in contrasts: very weak in China but rebounding in the US.

Speakers:

Bruce Kasman

Michael Hanson

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