Soaring inflation and rising interest rates temper global economic outlook

Growth of the G-20 economies will slow markedly this year after a strong rebound from the COVID-19 crisis in 2021, as high inflation erodes consumer purchasing power and central bank monetary policy has become more hawkish. How are the uncertain macro dynamics affecting the financing environment for corporate borrowers, and how vulnerable are lower-rated companies to a worsening economy? Is there a risk that central banks will overdo it and that higher interest rates become a catalyst for a recession? And why will the next few months be particularly critical in determining the path of the global economy?

Guests: Madhavi Bokil, Senior Vice President – Credit Strategy & Research, Moody’s Investors Service; Christina Padgett, Associate Managing Director – Corporate Finance Group, Moody’s Investors Service.

Host: Jennifer Wong, Vice President/Senior Credit Officer – Sub-Sovereign Group, Moody’s Investors Service.

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