Money Talks: Omicronomics

<p>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 <a href="https://www.economist.com/omicron?utm_campaign=a.io&amp;utm_medium=audio.podcast.np&amp;utm_source=moneytalks&amp;utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&amp;utm_term=sa.listeners" rel="noopener noreferrer" target="_blank">the Omicron variant</a> 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 <a href="https://www.economist.com/finance-and-economics/three-threats-to-the-global-economic-recovery/21806535?utm_campaign=a.io&amp;utm_medium=audio.podcast.np&amp;utm_source=moneytalks&amp;utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&amp;utm_term=sa.listeners" rel="noopener noreferrer" target="_blank">threats to global growth</a>.</p><br><p>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.</p><br><p>We would love to hear from you—please take a moment to complete our listener survey at <a href="http://economist.com/moneytalkssurvey" rel="noopener noreferrer" target="_blank">economist.com/moneytalkssurvey</a>&nbsp;</p><br><p>Sign up for our new weekly newsletter dissecting the big themes in markets, business and the economy at <a href="https://www.economist.com/moneytalks/?utm_campaign=a.io&amp;utm_medium=audio.podcast.np&amp;utm_source=moneytalks&amp;utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&amp;utm_term=sa.listeners" rel="noopener noreferrer" target="_blank">economist.com/moneytalks&nbsp;</a></p><br><p>For full access to print, digital and audio editions, subscribe to <em>The Economist </em>at <a href="http://www.economist.com/podcastoffer?utm_campaign=a.io&amp;utm_medium=audio.podcast.np&amp;utm_source=moneytalks&amp;utm_content=discovery.co