Ken Wattret

speaker
312 appearances 3 recordings 1 series first heard Jun 2026 last heard 11 Jul

Ken Wattret’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
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Recordings per month over the last 12 months — 3 in all, peaking in Jul 2026 with 2.

Appearances

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At the very least, investors might require compensation for holding long-term debt.
That pushes up yields.
That implies borrowing costs for
Households and businesses.
In a worst case, there could be a loss of confidence in debt sustainability, interest rates spike, governments have to raise taxes to bring government deficits down, you fall into recession, and so on and so forth.
Now, for the specifics of the conflict in the Middle East, obviously it's another example of how geopolitical developments can materially change the economic outlook.
In economic
Economist parlance, we've been experiencing a negative supply shock.
In this instance, that's been centered on, though it hasn't been confined to.
oil prices.
And in simple terms, that means higher consumer price inflation rates.
That means tighter monetary policy conditions.
We've been seeing central banks raising interest rates.
And ultimately, for various reasons, it means weaker growth.
Now those impacts are not uniform across countries.
They differ because of their
Different sensitivities to the shock.
There's different amounts of policy space to respond and so on.
But the bottom line is.
that geopolitical developments can make a very big difference to how we assess the economic outlook.
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