Small Shock May Cause US Recession: IMF Chief Economist

The video discusses the rise in European gas prices and its potential impact on the European economy, highlighting the risk of recession if Russian gas supplies are cut. It also examines the US economic outlook, noting a slowdown but not a recession, and the tight labor market. The role of central banks in managing inflation is emphasized, with a focus on maintaining economic stability. Finally, the video addresses global financial risks, particularly for emerging markets, due to monetary tightening.

What are the projected growth rates for the euro area in 2023?

What are the potential consequences of a full shutdown of Russian gas flows to Europe?

What measures can European countries take to mitigate the impact of gas shortages?

How does the current labor market in the US relate to the potential for a recession?

How might consumer confidence affect the US economy moving forward?

What is the significance of inflation in the context of economic stability?

What risks are associated with financial tightening in emerging markets?