Insider QABenn Steil of the Council on Foreign Relations

Insider QABenn Steil of the Council on Foreign Relations
WASHINGTON — Over the past year, the world economy has withstood the combined shocks of high interest rates and a war in Ukraine better than just about anyone expected. The International Monetary Fund, among other agencies, has upgraded its economic forecast for 2022. Europe has defied fears that an energy shock from the cutoff of Russian natural gas would cause a severe recession. The U.S. job market remains super-charged. The Associated Press spoke recently about the economy’s surprising resilience with Benn Steil, director of international economics at the Council on Foreign Relations. The interview has been edited for clarity and…

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