OECD's Gurria Sees Slowing Global Growth But No Recession

The transcript discusses the global economic slowdown, highlighting disinflation and trade tensions. It examines the US economy's resilience, noting strong domestic growth and the Federal Reserve's evidence-based approach to interest rates. The potential impact of global disinflation and trade tensions on the US economy is analyzed, emphasizing the importance of domestic investment. The discussion concludes with an assessment of financial stability, noting improved bank capitalization and regulation, while acknowledging the challenges of unexpected economic shocks.

What is one of the main reasons for the global economic slowdown discussed in the video?

• Rising oil prices

• Technological advancements

• Trade tensions and uncertainty

• Increased consumer spending

How has the banking system changed since the 2007 crisis according to the video?

• It has increased its lending rates

• It has become less regulated

• It has reduced its capital reserves

• It is more strongly capitalized and better supervised

What is the current outlook for a US recession as discussed in the video?

• A recession is unlikely

• A recession is imminent

• A recession is already happening

• A recession is unavoidable

What domestic factors are contributing to the US economy's growth?

• Reduced consumer confidence

• High unemployment rates

• Strong domestic investment and government spending

• Decreasing wages

How might global trade tensions affect the US economy?

• They could stall or drag down the economy

• They will have no impact

• They will only affect the technology sector

• They will boost economic growth

What is the current state of financial stability in the global economy?

• Financial stability is not a concern

• Banks are less capitalized than before

• There is no need for financial stability

• Banks are more strongly capitalized and better prepared

What is a major challenge in dealing with economic surprises?

• Having enough capital reserves

• Implementing new regulations

• Dealing with them effectively

• Predicting them accurately