In the media | 18 Feb 2021
Reuters – Trading at Noon: Wall Street wobbles on profit taking, stimulus in focus
Gregory Daco, Chief US Economist at Oxford Economics joins Reuter’s Elena Casas for Trading at Noon.
Gregory Daco discusses the debate around the economy’s need for Biden’s $1.9tn American Rescue Plan (ARP) and, whilst some argue that even though relief funding is important and some stimulus is needed, it could lead to spiralling inflation, financial market instability and reduced fiscal space for further stimulus. However, we disagree on all three fronts and instead see strong reasons why the dire outlook and fear of the unknown are overstated.
Watch and listen to the full interview below:
Tags:
You may be interested in
Post
Nikkei Asia: Southeast Asian data centers must be plugged into net-zero agenda
Bali Kaur Sodhi, Lead Economist at Oxford Economics, shares an op-ed to discuss Southeast Asian data centers' opportunities and challenges.
Find Out More
Post
CNN: BSP keeps key interest rate steady at 6.25%
Makoto Tsuchiya, Assistant Economist at Oxford Economics joins CNN to discuss interest rates in Philippines.
Find Out More
Post
Yahoo! Finance: Bank failures, inflation, debt ceiling – Impact on the economy
Innes McFee, Chief Global Economist at Oxford Economics joins Yahoo Finance Live to discuss the risks to financial stability amid an expected prolonged advanced economic downturn and the impacts it may have on the economy.
Find Out More