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Is R-Star The New Catchword At Jackson Hole?

12 mins·07:00, 24 Aug 2023
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Is R-Star The New Catchword At Jackson Hole?

12 mins
·
07:00, 24 Aug 2023
·

Guest: Vishnu Varathan (Head of Economics & Strategy), Mizuho Bank

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

Presenter: Wong Shou Ning, Shazana Mokhtar, Mark Tan

Producer: Mark Tan

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