The Fed, China and global risks – how will they shape the economy?

Recently, global trade and industrial production has slowed sharply, and the Fed has signaled a pause in its hiking cycle and an intention to “wait and see.” How does the Fed factor global risks into its policy deliberations? On the flip side, what are the risks to the rest of the world, including to China, from changes in global interest rates caused by Fed moves? On this panel we try to understand the nature of recent global shocks, the policy reactions, and the potential for new shocks related to those reactions.