IFM’s Chief Economist, Alex Joiner, features in our Monthly Economic Update video discussing recent key developments in economies and markets globally.

In this edition, Alex discusses how continued central bank tightening of monetary policy is increasing the risks to growth in 2023, with a global recession still possible. In Australia, a material decline in consumer spending is expected due to ongoing cost of living pressures and because the household sector is among the most indebted in the world.