Event Summary
The global macroeconomic outlook is uncertain, and monetary policy is in a restrictive stance, but American business investment is outperforming expectations. Hiring, though slowing from unsustainable levels, appears steady, and the outlook for future investment appears positive. Treasury’s chief economist, Eric Van Nostrand, discusses where this unexpected outperformance comes from, what the Biden administration’s role has been, and what it means in a global context.
A discussion with the audience, moderated by Caroline Atkinson, former deputy national security adviser for international economics under the Obama administration, follows.
SPEAKER
Eric Van Nostrand
Chief Economist and Assistant Secretary for Economic Policy (P.D.O.), US Treasury
MODERATOR
Caroline Atkinson
Senior Global Strategist, RockCreek; Former Deputy National Security Adviser, International Economics, Obama Administration
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Presentation: Eric Van Nostrand (728.08 KB)