Economic Roundtable: Energy Shock & Central Banks’ Action

I'm Seth Carpenter, Morgan Stanley's Global Chief Economist and Head of Macro Research. In the first of this two-part discussion, we're going to cover the implications of the oil price shock for energy, inflation, and for central bank policy.

It goes beyond the title with direct discussion of think, growth, inflation, including: I'm Seth Carpenter, Morgan Stanley's Global Chief Economist and Head of Macro Research.

1. 01And in fact, all my life, when I have been doing this work of modeling on oil shocks to growth transmission, we've never had to really think about supply shortages
2. 02And we are assuming that there will be some kind of normalcy that we see in ships transiting through the Strait of Hormuz
3. 03And we're assuming oil prices average around $110 in second quarter, and then come down to $90