Crunch Time For US Economy
Preston Caldwell, Head of U.S. Economics, Morningstar
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While the US economy ended 2021 with its GDP expanding at a healthy 6.9% in the fourth quarter, the momentum has slowed significantly amid a surge in Covid-19 infections at the start of the year, disrupted supply chains and soaring inflation. All eyes are on the pace of Federal Reserve monetary tightening this year. We discuss the economic scenarios with Preston Caldwell of Morningstar. Image credit: Shutterstock.com
Produced by: Shazana Mokhtar
Presented by: Shazana Mokhtar, Khoo Hsu Chuang, Tan Chen Li
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Categories: trends and forecasts, markets
Tags: us, us markets, us economy, us gdp, us federal reserve, fed rate hike, Russia-Ukraine conflict,