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Hauke Engel

Hauke Engel

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Hauke Engel is a partner at McKinsey & Company.

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  2. strain1_ STEFANI REYNOLDSAFP via Getty Images_empty restaurant economic slowdown STEFANI REYNOLDS/AFP via Getty Images

    Will US Inflation Lead to Recession?

    Michael R. Strain

    While some economic indicators suggest that the recovery remains on track, others show that consumers may be stalling out, and that households and businesses are becoming increasingly pessimistic. The US Federal Reserve will have to respond more nimbly to economic softening than it did to strengthening in 2021.

     urges the Federal Reserve to keep its options open as it tries to restore price stability.
    2

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