Gilles Moëc AXA Chief Group Economist, Head of AXA IM Research
December 1, 2021

Macroeconomic outlook 2022: Compression, decompression, absorption

We expect pressure on global supply to gradually decline, contributing to a slowdown in inflation, which would allow central banks to maintain a prudent approach to the pace of policy normalization. Furthermore, it has become impossible to think about the macro outlook without considering the impact of the fight against climate change. Over 2022-2023, we expect a positive contribution to GDP, thanks to tangible investment efforts
Financial & Economic Risk
7 minutes