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Economic Outlook

Chicago Booth’s Economic Outlook features insights from renowned faculty experts who examine some of the biggest issues facing business, markets, and the global economy.

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Trade Challenges and Political Uncertainties: What Lies Ahead for the Global Economy

Trade Challenges and Political Uncertainties: What Lies Ahead for the Global Economy

What will the global economy look like in the wake of United States tariffs? How will the trade relationship between China and the United States progress in the next year? How do economists foresee the ongoing impact of the crisis in the Middle East and the Russia-Ukraine war on global economic relations?

On January 28, 2026, join Chicago Booth professors Veronica Guerrieri, Chang-Tai Hsieh, and Luigi Zingales as they answer these and other pressing questions about what lies ahead for the global economy in 2026, with a focus on the European and Asian markets. The virtual conversation will be moderated by Romesh Vaitilingam, writer, consultant, and editor-in-chief of the Economic Observatory.

Register for the virtual event


Trade Challenges and Political Uncertainties: What Lies Ahead for the Global Economy

Recent Economic Outlook Highlights

World map, with tech imagery overlaid

Uncertainties and Tradeoffs: Making Sense of the Global Economy

How will Fed policy evolve and will we be able to avoid inflation, stagflation, or recession? How will tariffs, domestic policies, and policy uncertainty affect economic activity? How will AI affect investment, productivity, and the workforce? 

On December 9, 2025, in Chicago, Yueran Ma, Raghuram Rajan, and Randall S. Kroszner discussed what might lie ahead for the global economy in 2026, in a conversation moderated by Hal Weitzman. On December 10, in New York, Ma and Rajan joined Brent Neiman, with the discussion moderated by Ray Iwanowski, MBA '97.

Uncertainties and Tradeoffs: Making Sense of the Global Economy
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