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chief economists
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- 1Moody's Zandi warns higher rates are already hurting economy▼Moody's Zandi warns that higher interest rates are already damaging the economy
Mark Zandi, chief economist at Moody's Analytics, warns that elevated interest rates are already inflicting damage on the US economy. His comments add to growing concern among economists that tight monetary policy is weighing on growth, hiring and investment, with attention turning to whether the Federal Reserve will ease policy in coming months.
- 2Chief Economists See Global Stabilization but Flag Growth Risks●Chief Economists Expect Global Economy to Stabilize, but Fiscal Constraints, Rising Living Costs and AI Investment Uncertainty Threaten Growth
A group of chief economists expects the global economy to stabilize in the near term, according to a new outlook. However, they warn that tight government fiscal constraints, persistent rises in living costs and uncertainty around artificial intelligence investment could weigh on growth. The assessment highlights a fragile balance between modest recovery and structural pressures facing both advanced and emerging economies.
- 3Treasury Secretary Bessent hires economist David Zervos●Treasury Secretary Scott Bessent hires Wall Street economist David Zervos
US Treasury Secretary Scott Bessent has hired Wall Street economist David Zervos to join the department. Zervos, chief market strategist at Jefferies and a former Federal Reserve and White House staffer, brings market-facing expertise into the Treasury's senior team as the administration's economic policies draw close scrutiny from investors.
- 4Erik Thedéen on QE, Central Bank Independence and Digital Payments●Erik Thedéen on QE, Central Bank Independence, and Digital Payments
Erik Thedéen, Sweden's central bank chief, is discussing quantitative easing, the independence of central banks, and the future of digital payments. The conversation touches on how unconventional monetary policy should be wound down, political pressures on central banks, and the shift toward digital forms of money, topics of active debate among policymakers and economists.
- 5Apollo economist Sløk warns of a possible 'agentic bank run'●Apollo's Sløk: Is an 'agentic bank run' coming?
Torsten Sløk, chief economist at Apollo Global Management, is raising the question of whether an 'agentic bank run' could emerge, in which AI agents acting on behalf of depositors move money faster than humans ever could. The idea has sparked discussion about whether automated decision-making could accelerate or amplify financial panic, and whether regulators are prepared for machine-speed withdrawals from banks.
- 6AMP economist says Brisbane houses 61% overvalued●Brisbane houses 61% overvalued: AMP's Shane Oliver
AMP chief economist Shane Oliver says Brisbane houses are 61% overvalued, according to his assessment of Australian property prices. The claim adds to debate over whether Brisbane's housing market, which boomed in recent years, is due for a correction as high interest rates weigh on affordability.