Episode 2: Inflation, interest rates, and economic recovery
Listen: When the COVID-19 pandemic hit in full force in the US, the government had to act quickly to keep the economy afloat. One major thing that the Federal Reserve did was lower interest rates to zero. That helped money keep flowing and borrowing rates low on things like mortgages, cars, and other things Americans needed. The danger in juicing the economy this way, however, is that inflation could go up, and higher consumer prices could end up hurting our wallets. How does the government strike the right balance? In this episode, we'll hear more about the US recovery, the international picture, and what could come next.
The latest episode of Living Beyond Borders, a special podcast series from GZERO brought to you by Citi Private Bank, explores those themes in detail with some top experts in finance and geopolitics. Moderated by Caitlin Dean, Head of the Geostrategy Practice at Eurasia Group, this episode features Robert Kahn, Director, Global Strategy and Global Macro at Eurasia Group; David Bailin, Chief Investment Officer and Global Head of Investments, Citi Global Wealth; and Steven Wieting, Chief Investment Strategist and Chief Economist, Citi Global Wealth.
Chief Investment Officer and Global Head of Investments, Citi Global Wealth
Chief Investment Strategist and Chief Economist, Citi Global Wealth
Director, Global Strategy and Global Macro, Eurasia Group
Practice Head, Geostrategy, Eurasia Group