Is R-Star The New Catchword At Jackson Hole?
Vishnu Varathan, Head of Economics & Strategy, Mizuho Bank
24-Aug-23 07:00
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Will central bank governors convening in Wyoming find their R-Star, where the real interest rate is neutral and at equilibrium? And will they continue to tighten monetary policy to achieve the 2% inflation target? We speak with Vishnu Varathan, Head of Economics & Strategy, Mizuho Bank to get the answers, his 2023 GDP projections for the world’s 2 largest economies, and what impact can an expanded BRICS bring to the global economy.
Image Credit: Shutterstock
Produced by: Mark Tan
Presented by: Wong Shou Ning, Shazana Mokhtar, Mark Tan
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Tags: r-star, jackson hole symposium, us markets, brics,