APAC Economic Outlook
Managing the Downswing
Register to view the On-Demand replay below.
The global economy isn’t out of the woods, despite the resilience of the U.S. and European economies. Join us as the team discusses the following topics:
- China’s domestic economic recovery has disappointed; households and private businesses have been reluctant to spend and invest, and fiscal and monetary stimulus has been only limited and targeted.
- The Asia-Pacific region leads most other parts of the world, but it will experience slower growth over the next year as exports lose momentum. Domestically, higher borrowing costs are challenging demand.
- Headline inflation is receding across most of the Asia-Pacific region, but underlying inflation is not yet on an entrenched downtrend. Central banks, including those that have paused monetary tightening, are on alert.
- Multiple risks challenge the region. Another supply-side shock to food or energy prices would send the global economy down a darker path, making a recession tough to avoid.
* We will conduct this webinar in English, and provide simultaneous interpretation in Chinese and Japanese.
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SpeakersSteve Cochrane Chief APAC Economist Moody's Analytics
Katrina Ell Deputy APAC Chief Economist Moody's
Harry Murphy Cruise Head of China and Australia Economics Moody's
Denise Cheok Head of Southeast Asia Economics Moody's Analytics
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Steven G. Cochrane, PhD, is Chief APAC Economist with Moody’s. He leads the Asia economic analysis and forecasting activities of the Moody’s research team, as well as the continual expansion of the company’s international, national and subnational forecast models. In addition, Steve directs consulting projects for clients to help them understand the effect of regional economic developments on their business under baseline forecasts and alternative scenarios. Steve’s expertise lies in providing clear insights into an area’s or region’s strengths, weaknesses and comparative advantages, relative to macro or global economic trends.
A highly-regarded speaker, Dr. Cochrane has provided economic insights at hundreds of engagements over the past 20 years and has been featured on CNBC, CNA, Bloomberg TV, Wall Street Radio, and the PBS News Hour. Through his research and presentations, Steve dissects how various components of the macro and regional economies shape patterns of growth. His extensive expertise on U.S. and global economic issues makes also him a popular speaker at client conferences and executive briefings.
Steve holds a PhD from the University of Pennsylvania and is a Penn Institute for Urban Research Scholar. He also holds a master's degree from the University of Colorado at Denver and a bachelor's degree from the University of California at Davis.
Katrina Ell is a Head of Asia Economics in the Sydney office of Moody’s. Katrina manages the Asia-Pacific edition of Economy.com and is responsible for the research, analysis and forecasting of economies throughout the Asia-Pacific region, with a particular focus on Australia and New Zealand. Katrina is regularly quoted by international media such as CNBC, Bloomberg, the Wall Street Journal, Financial Times and Sky News. She previously worked as an analyst at the Australian Prudential Regulation Authority. Katrina received her bachelor’s degree in economics (honours) from Macquarie University and is currently completing her Masters in Applied Economics at Macquarie University.
Harry Murphy Cruise is a Head of China and Australia Economics at Moody’s, based in Sydney. Harry is responsible for covering the Chinese and Australian economies, as well as managing Moody’s’ subnational Asia Pacific forecasts. Harry is regularly quoted by international media such as CNBC and Bloomberg. He holds a master’s degree in international and development economics from the Australian National University and a Bachelor of Arts and Commerce from Monash University.
Denise Cheok is the Head of Southeast Asia Economics, based in Singapore. She is responsible for forecasting and analyzing economies in Southeast Asia. In her current role, Denise advises global financial institutions and corporations on macroeconomic risks to the region. She is cited in international and local media such as the Wall Street Journal, Reuters, and Nikkei Asia. Denise holds a bachelor’s degree in Economics from the National University of Singapore and a master’s degree in Economics from the University of British Columbia. Prior to joining Moody’s, she worked as a trade policy researcher at the Asia-Pacific Economic Cooperation.