The Peterson Institute for International Economics presents the fall 2026 PIIE Global Economic Prospects, the Institute's semiannual outlook for the US and global economies.
Karen Dynan presents the global outlook for the major economies, assessing the forces shaping growth, inflation, and policy decisions globally, with a deeper dive into the new US fiscal policy mix—how recent changes in taxes, tariffs, and spending have reshaped the fiscal outlook, where federal debt and interest costs are headed, and the risks of staying on the current path.
Inu Manak examines whether the United States-Mexico-Canada Agreement (USMCA) can withstand the current trade wars, drawing on Canada-US tariff data and highlighting what to watch for in assessing the future of the agreement.
Michael A. Clemens discusses the macroeconomic implications of the sharp shift toward restricting high-skilled immigration in the United States, including potential effects on productivity and broader economic trends.
A discussion with the audience, moderated by PIIE C. Fred Bergsten Senior Fellow Maurice Obstfeld, follows.
MODERATOR
Maurice Obstfeld
C. Fred Bergsten Senior Fellow, Peterson Institute for International Economics (PIIE)
SPEAKERS
Michael A. Clemens
Nonresident Senior Fellow, PIIE
Karen Dynan
Nonresident Senior Fellow, PIIE
Inu Manak
Senior Fellow, PIIE
Video
About This Series
The Peterson Institute for International Economics holds its semiannual Global Economic Prospects each spring and fall to report its US and international economic outlook.