The Economist: Money talks

Money Talks: Omicronomics



China’s economy is slowing while America’s overheats, prompting Jerome Powell to suggest this week that the Fed could act faster than planned. As the Omicron variant triggers a fresh wave of travel restrictions, is the world economy caught between a rock and a hard place? Host Patrick Lane and Henry Curr, our economics editor, assess the threats to global growth.With Carmen Reinhart, senior vice-president and chief economist of the World Bank group, and Wang Tao, chief China economist and head of Asia research for UBS, an investment bank.We would love to hear from you—please take a moment to complete our listener survey at Sign up for our new weekly newsletter dissecting the big themes in markets, business and the economy at For full access to print, digital and audio editions, subscribe to The Economist at  See for privacy and opt-out information.