IMF World Economic Outlook April 2023

Overview The outlook is uncertain again amid financial sector turmoil, high inflation, ongoing effects of Russia’s invasion of Ukraine, and three years of COVID The baseline forecast is for growth to fall from 3.4 percent in 2022 to 2.8 percent in 2023, before settling at …

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Jamie Dimon Letter to JP Morgan Chase Shareholders 2022

Jamie Dimon, Chairman and CEO of JP Morgan Chase & Company, addressed his letter to shareholders along with the Annual Report 2022, alerting that America remains divided within its borders, and its global leadership role is being challenged outside of its borders.  complaining that the financial …

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Hybrids

Luis Rubio What is the moment at which the social order breaks down? When is it most probable for a society to enter processes of confrontation outside of the established institutional channels? Questions like these are the material of permanent discussion and analysis in academic …

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Is a Credit Crunch and a Recession Imminent?

Photo: The New York Public Library on Unsplash It certainly looks like it is. The soft landing forecasted by the policymakers now seems more remote. The focus on inflation as the primary concern shifted to the soundness of the financial system. Yet, the Federal Open Market Committee’s March rate decision to increase only 25 basis …

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