Macroeconomics

The global economy appears to be in good health, but beneath the surface important shifts are underway. China is challenging US leadership in many arenas. Unprecedented loose monetary policy continues to underpin growth in advanced economies, while fiscal policy remains inconsistent. Trade tensions threaten economic expansion. Inequality between and within countries is on the rise. The economic performance of just one country can affect economies across the world, making it important to promote sustainable and inclusive growth everywhere.