Paul Gruenwald: Growth requires addressing uncertainties | SFC Markets and Finance
"We’re talking about tariffs, the future of globalization, and people are worried about the situation in the Middle East—so all of the big macro issues." Paul Gruenwald, Global Chief Economist at S&P Global Ratings, stated in a recent exclusive interview with Southern Finance. Gruenwald noted that in the first half of this year, the global economy has shown some resilience despite increasing uncertainties. However, structural divergence has become more pronounced. He pointed out that the impact of tariff policies on the global economy is not only reflected in the tariffs themselves but also in the high degree of uncertainty they bring. Looking ahead to the second half of the year, Gruenwald identified the easing of policy uncertainty as one of the key variables determining the direction of the economy.
@SPGlobalRatings