Insider Q&A: Kroll Institute’s Megan Greene

By PAUL WISEMAN
AP Economics Writer

WASHINGTON (AP) — Forecasting economic change in a pandemic was always going to be hard. Now omicron, the new COVID-19 variant sweeping across the globe, has made it even harder. Economists and policymakers, after all, have no real-world experience contending with the economic fallout from a worldwide pandemic. In the United States and other wealthy countries, massive government spending fueled an unexpectedly strong rebound from last year’s coronavirus recession; but the good news of a strong recovery was offset by some bad: a resurgence in inflation. To learn more about the economic implications of omicron, the Associated Press spoke with Megan Greene, chief economist at the Kroll Institute.