New US Headwinds Could Mean A Hard Landing

Selena Ling, Chief Economist, OCBC Bank

29-Sep-23 08:30

New US Headwinds Could Mean A Hard Landing

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While the US Federal Reserve’s objective remains focused on engineering a soft landing, the economy is now faced with new headwinds like the auto workers strike, a possible government shutdown, the impending resumption of student loan payments as well as rising oil prices. Selena Ling, chief economist of OCBC shares with us if the US economy can withstand these 4 shocks at once and what the implications are for the rest of the world.

Image credit: Shutterstock.com

Produced by: Moh Heng Ying

Presented by: Shazana Mokhtar, Philip See

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Categories: economy

Tags: us federal reserve, us economy, headwinds,

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