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...Adam Posen, president of the Peterson Institute for International Economics, said US inflation could come down without a recession in an economy where labour traditionally has less bargaining power....
...Paul Dales, chief UK economist at Capital Economics, said that the fall “leaves households with a slightly smaller buffer than we expected to cope with the much bigger falls in real incomes that are going...
...The UK is heavily exposed to “soaring energy prices” like Europe, while at the same time having a similar experience to the US of excess demand pushing prices up, said Adam Posen, president of the Peterson...
...Paul Dales, chief economist at Capital Economics, said the most noteworthy element in the figures was a 4.4 per cent fall in real exports and a 10.4 per cent leap in real imports....
...Adam Posen, president at Peterson Institute: Worse....
...“I actually went out to the state of Washington and met with the sculptor Dale Chihuly to check it out.”...
...Adam Posen, president of the Peterson Institute: No. The UK will be among the last, if not the last, of the high-income economies to regain its pre-pandemic size....
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