Risk of a Recession in 2020 Is More Elevated, Says BlackRock’s Hildebrand

The video discusses the current economic slowdown and elevated recession risks, highlighting historical indicators like the inverted yield curve. It examines the impact of political uncertainty on economic confidence and investment. The video also explores potential policy responses, emphasizing the need for new strategies beyond traditional monetary policy, such as direct fiscal interventions and closer coordination between fiscal and monetary policies.

What challenges do central banks face when dealing with a potential recession?

In what ways can fiscal and monetary policy coordination be critical during an economic downturn?