As the candidates make their final arguments in the 2024 US Presidential Election, the economy is front and center on the minds of voters. Despite all signs indicating stable and above-trend growth in the US, many Americans feel uncertain about how well the economy is doing, said Robert Kahn, Managing Director of Global Macro-Geoeconomics at Eurasia Group. He discussed the gap in US economic perception versus reality with GZERO’s Tony Maciulis at the IMF and World Bank Annual Meetings in Washington, DC, in a Global Stage interview. Kahn noted that heightened political polarization has skewed views of economic performance while lingering geopolitical shocks and high prices add to concerns. Kahn emphasized that there is an element of worry around the “legacy of the pandemic…that Vice President Harris is just really struggling to overcome” even though underlying data proves otherwise. The two also discussed former President Trump's accusations that the Federal Reserve is "playing politics" with interest rates and what the impact would be globally if Trump were, as president, to assert a heavier hand in decision-making at the central bank.
More from GZERO Media
The Israeli Parliament on Monday voted to ban the UN agency for Palestinian refugees, UNRWA, from operating in its territory — despite warnings from the Biden administration that doing so could impact US policy toward Israel. The Knesset even voted to designate UNRWA a terror group.
The Iranian government initially downplayed the impact of the Israeli attack, but Iran’s foreign ministry on Monday warned it will use “all available tools to deliver a definite and effective response.”
It's spooky season! And to make things scarier, the US election is likely to come down to just a few states. Test your knowledge of all things political and supernatural with this crossword puzzle.
The day after former Bolivian President Evo Morales claimed to have survived an attempt on his life on Sunday, Interior Minister Eduardo de Castillo accused Morales of staging an attempt on his own life.
Election Countdown: 4 things you need to know in the last week of US presidential race
The final week of the 2024 presidential campaign is upon us, with early voting in full swing, absentee ballots in the mail, and the polls too close to call. With seven days left before Election Day, here are the four things you need to know.
Hard Numbers: Georgians protest, VW closes plants, China closes kindergartens, Uruguay preps for presidential runoff
Japanese Prime Minister Shigeru Ishiba is promising deep internal reforms to the Liberal Democratic Party after voters delivered what he called a “severe judgment” in Sunday’s elections, costing him the majority in the lower house of Parliament.
Ian Bremmer's Quick Take: Israel has finally answered Iran’s strikes, but what does this mean for the Israel-Iran escalation? Ian Bremmer breaks down the military and diplomatic maneuvers, and how the US finally played a role in shaping a more restrained response.
Although markets typically adapt to policies and political contexts, the uncertainty surrounding this year’s global elections outcomes is casting a fog over the future outlook. Get clarity on the investment implications of 2024’s elections from RBC Capital Markets’ leading experts.
What are the global consequences of North Korean soldiers now appearing on the frontlines in Ukraine? What’s the nature of the agreements that German Chancellor Scholz concluded during his recent visit to Delhi? Carl Bildt, former prime minister of Sweden and co-chair of the European Council on Foreign Relations, shares his perspective on European politics from Stockholm, Sweden.