Ayna recently hosted the Q1 A-CLG (Ayna.AI Critical Leaders Group) on "2i: inflation and interest rates - impact on our wallet." Distinguished economists, Professor Steve Hanke and Professor Daniel Lacalle, shared their perspectives on the current state and outlook for the economy considering the recent developments in inflation and interest rates.
Professor Daniel Lacalle discusses how inflation & interest rates will affect the global economy. He shares his views on how the current tightening cycle may cause a $10tn loss in market value and firms would be wise to hold onto cash. He also discusses that the private sector demand will reduce while government deficits will likely increase, and central banks' anti-inflation efforts won’t lead to credit growth or higher investments.