Episode 12 of EY's FS Risk podcast series examines the impacts of macroeconomic change on the banking system. Pandemic-induced supply chain and labour supply issues, geopolitical instability, and the related inflation and interest rate pressures will all have a meaningful impact on banking, credit risk and operational risk. Doug Nixon (Partner, Financial Services) is joined by Cherelle Murphy (Oceania Chief Economist) and Dr. Jolene Morse (Director, Financial Services Risk Management) to explore these impacts and what they mean for the way financial services manage associated changes to their risk environment.