Global Economic Outlook

The global economy was on the path of recovery from the long-term impact of the COVID-19 pandemic. Many countries implemented stimulus measures to support businesses and individuals affected by the pandemic, leading to a modest rebound in economic activity. However, the recovery has been uneven, and in some cases stalled, with some sectors and regions dealing with stunting economic headwinds. Additionally, Russia’s invasion of Ukraine, increased new COVID-19 cases in China, tightening consumer spending, and global inflation at an all-time high have raised concerns about where the global economy is heading. In fact, the International Monetary Fund (IMF) projects that the global economy will only grow by 2.3 percent in 2023 setting a trajectory of sluggish growth and volatility in the market.

Join the World Affairs Council of Charlotte on Wednesday, March 29, 2023, as we host Dr. Jay Bryson’s annual analysis on financial markets and macroeconomic developments in the global economy. He will provide an outlook for 2023 including forecasts of GDP growth in the U.S., Europe, and Asia, unemployment and labor market, inflation, and interest rates in the world’s major economies.

 

 

 

Program Partner

 

 

 

 

Program Information: 

Date:
Tuesday, March 21, 2023
Check-In, Breakfast & Networking:
7:30 – 8:00 a.m.
Presentation & Discussion:
8:00 – 9:00 a.m.
Location:
Knight Theater Directions
Cost:
$15 (WACC Member | Student | Teacher | YPWACC Rate)
$30 (Non-Member Rate)

  • Please call 704-687-772 for credit card payments over the phone.
  • Checks can be mailed to “World Affairs Council of Charlotte, 9201 University City Blvd., CHHS 227, Charlotte, NC 28223.”

 

 

 

Biography: 

Jay Bryson is a Managing Director and the Chief Economist for Wells Fargo’s Corporate and Investment Bank, a position he has held since August 2018. In this role, Jay leads the Economics Group, which provides analysis on economic and financial developments in the major economies of the world as well as forecasts of macroeconomic variables in these economies. He was Wells Fargo’s Global Economist between 1998 and 2018.

Before joining Wells Fargo in 1998, Jay was an economist in the Division of International Finance at the Federal Reserve Board in Washington, DC. He started his career as an assistant professor of economics at the University of Alabama. Jay has also lectured on international economics and macroeconomics at the School for Advanced International Studies at Johns Hopkins University and Georgetown University. He has published in academic and popular economic journals, and his comments on the economy regularly appear in The Wall Street Journal, the New York Times, and USA Today. He makes frequent appearances on CNBC and Bloomberg TV.

Jay is a member of the American Economic Association and the Charlotte Economics Club. He is also a member of the National Association for Business Economics and served on its board of directors from 2010 to 2013. Jay received his BA and Ph.D. degrees in economics from the University of North Carolina at Chapel Hill.