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KPMG UK chief economist to speak at Chamber AGM

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Global view: Yael Selfin is to deliver the keynote address at the annual general meeting of the Bermuda Chamber of Commerce (Photograph supplied)

Yael Selfin, chief economist at KPMG in the UK, is to be the keynote speaker at the annual general meeting of the Bermuda Chamber of Commerce at the Hamilton Princess on April 20.

During the formal luncheon sponsored by KPMG, Ms Selfin will discuss the challenges of the global economy.

Danielle Riviere, chief executive officer, of the chamber, said Ms Selfin’s vast experience and expertise in the global economic outlook will provide valuable insights and perspectives on how economies can achieve sustainable growth in today's challenging environment.

The chamber said Ms Selfin has been providing strategic advice to clients for more than 20 years, including those spanning a wide range of industries and geographies, as well as public sector bodies.

Her research looks at the impact major shocks, as well as new technologies, could have on the economy and on individual businesses.

A regular commentator on economic issues in the media, she won City AM Analyst of the Year award in 2016 for the research she published on the outlook for interest rates, global trade and equity markets, and was named one of City’s 100 most influential women and one of Cranfield School of Management’s women to watch.

She said: “Our latest forecast in the 2023 KPMG Economic Outlook suggests that the global economy took a positive turn early in 2023 with the inflationary pressures beginning to ease and global energy prices returning to levels last seen prior to the invasion of Ukraine.

“With global inflation expected to fall this year from 7.4 per cent in 2022 to 5.3 per cent in 2023 and unemployment levels forecast to remain at 5.2 per cent, it is hoped that this should provide some support for households and increase consumer spending, even though real incomes are squeezed.

“Despite the more positive outlook, perhaps the big question should be, how do national economies get back to long-term sustainable growth?

“In the Chamber of Commerce’s upcoming AGM, I look forward to discussing all the points mentioned and taking a deeper dive into the report’s findings.”

Tickets are $95 per person and $950 for a table of 10 for members of the chamber. Non-member prices are $145 per person and $1450 for a table of 10.

Danielle Riviere, CEO of the Chamber of Commerce (File photograph)

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Published April 03, 2023 at 7:49 am (Updated April 03, 2023 at 7:48 am)

KPMG UK chief economist to speak at Chamber AGM

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