Dossier
Semafor World Economy Summit
Coverage of Semafor World Economy Summit in the Nexus archive.
- Hank Paulson Says the US Will Weather Iran War Fallout Better Than Anyone Else
Henry Paulson, former US treasury secretary, stated at the Semafor World Economy Summit that the US is better positioned to handle the economic fallout from a potential Iran war. The IMF raised global growth forecasts for 2024, citing resilience in the US and emerging markets, but warned of ongoing inflation and geopolitical risks.
- Fed’s Goolsbee Sees Iran War Possibly Delaying Rate Cuts
Federal Reserve Bank of Chicago President Austan Goolsbee warned that the Iran War's impact on energy prices could delay interest-rate cuts. He emphasized that prolonged inflation disruption might push back appropriate rate reductions. The remarks were made at the Semafor World Economy Summit.