The world that has emerged post-pandemic is not only more complex but beset by numerous challenges, including a multi-decade spike in inflation, rapid rate hikes, higher energy costs, and unprecedented labor shortages. In an Economic Update, Mira Farka, Ph.D., Associate Professor of Economics and Co-Director for the Woods Center for Economic Analysis and Forecasting at CSUF, will join NHRA-OC as a featured speaker to discuss and answer questions surrounding the Federal Reserve’s most aggressive rate-hiking cycle since the late 70’s.
- Real GDP was negative in the first half of the year, but the labor market continues to remain strong.
- Stock market entering bear territory, but volatility remains subdued.
- Consumer sentiment is falling, yet consumer spending is holding up. The fundamentals of the economy seem strong — low consumer debt, low business delinquencies, strong profits, healthy labor markets — but fears are sky-high that the economy will plunge into a recession soon. Financial markets are jittery, the world is on edge.
Join us as Dr. Farka provides insight into if the economy will experience a hard or soft landing, if inflation will be brought to heel without too much cost, whether the housing market might experience significant correction and what the Orange County economy outlook is for 2023.
Mira Farka, Ph.D., is an Associate Professor of Economics and Co-Director for the Woods Center for Economic Analysis and Forecasting at CSUF. She has published in leading academic journals in the fields of monetary policy and financial economics and is a nationally recognized economist in business and economic forecasting. Dr. Farka is the recipient of multiple awards for her academic research, teaching and the accuracy of her forecasts. She is also the recipient of the prestigious Outstanding Faculty for the Mihaylo College of Business and Economics, CSUF Faculty Recognition Award for Scholarly and Creative Activity, and the CSUF Service Award.
Dr. Farka is a sought-after keynote speaker and is frequently invited to discuss economic and financial issues by various business, government, and educational organizations. She is routinely interviewed by various media sources including the Los Angeles Times, Orange County Register, Orange County Business Journal, OC Metro, Valley News, and California Commerce.
Dr. Farka holds a B.A. in Economics from California State University, Fresno and an M.A and Ph.D. in Economics from Columbia University. Prior to joining Cal State Fullerton, she worked in Wall Street, as a senior economist for Deutsche Bank, New York.