Pierre-Olivier Gourinchas on the Story Behind the Number

Inflation pressures were already brewing when Pierre-Olivier Gourinchas stepped in as IMF Chief Economist in January 2022, but rising geopolitical tensions soon added fuel to the fire, and inflation remained a challenge throughout his tenure. In this podcast, outgoing Chief Gourinchas reflects on four + years marked by trade tensions, geopolitical shocks, and rapid technological change. And how the value of forecasting lies less in precise point estimates and more in articulating the underlying forces and policy implications. Transcript (https://traffic.libsyn.com/imfpodcast...) : https://bit.ly/4oUrjvy