On January 9 at 10:15 a.m. ET, the GeoEconomics Center will host Jan Hatzius, chief economist at Goldman Sachs, to discuss what 2025 has in store for the global economy. In 2024, the United States stayed on track for a soft landing as the Federal Reserve began its rate-cutting cycle. Meanwhile, China struggled to regain its economic strength post-COVID, and conflict around the world continued to impact the global economy.

Now, the new administration in the United States has threatened substantial tariffs against a range of trade partners, including those in Europe, China, Mexico, Canada, and BRICS members. The Federal Reserve has signaled caution on further rate cuts. Domestic budget constraints have caused major political uncertainty in France and South Korea. Climate change is affecting the supply of commodities such as coffee and cocoa.

In conversation with GeoEconomics Center Senior Director Josh Lipsky, Hatzius will discuss the decision points and metrics to watch in the year ahead and where the global economy will stand one year from now.