Challenges and opportunities: what lies ahead for the world economy?

What developments are having an impact on our economy today? And what uncertainties are arising from tariffs, trade fragmentation and armed conflicts in different parts of the world?

How can trade tariffs and fragmentation affect economic growth and inflation in the euro area and beyond?

How are prices changing in different countries? Will tariffs cause prices in the United States to rise, and those in Asia and Europe to fall? And why?

Given the extremely high level of uncertainty, what lessons from past shocks can central banks apply in the future? Why do we need clearly defined frameworks? And what role do governments play?

Investing in technologies that are difficult to substitute, diversifying energy sources and creating buffers for critical inputs – why it’s crucial that governments have a strategy to withstand various shocks.

When is a currency considered internationally “dominant”? And what dominant currencies have there been in the past?

Does dollar dominance in international trade transactions reduce the effectiveness of monetary policy?

How will the dominance of the US dollar develop in the future? Is its role as a primary reserve currency at risk due to the Trump Administration’s policies?

What happens to our economy if there is a sudden shortage of a certain input? What impact will AI have if it remains largely unregulated? And what do stablecoins and digital currencies mean for our economy?

Silvana shares her hot tip with our listeners.