OECD Cuts 2024 Global GDP Forecast on Rate Hikes

The video discusses global economic forecasts, highlighting weak growth and the need for policy changes. It emphasizes the importance of fiscal and monetary policy alignment and structural reforms to drive growth. Concerns about stagflation are addressed, noting that monetary policy is beginning to reduce inflation. The discussion also covers the impact of trade intensity and supply chain diversification on economic growth, cautioning against excessive decoupling.

What is the speaker's stance on the need for a global fiscal stimulus at the moment?

What does the speaker identify as a potential risk to trade growth?