Adam Posen
speaker
1,220 appearances
2 recordings
1 series
first heard Aug 2025
last heard 1 Sep
Adam Posen’s voice in public audio — every appearance, attributed to the second.
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Appearances
Um
What we were saying was
Going back to where we were with the criticisms of the PAL Fed that I think were legitimate.
The US labor market was much more resilient than they thought.
credit was much more available or in this in the
terms the financial conditions were not as loose as they or not as tight as they thought.
Fiscal policy was a little looser than we thought.
And
The Fed
having not brought down inflation for sixty four months or whatever it was then, fifty five months.
Um
did have some momentum built up.
And then additionally one thing we talked about was as I said, I think there was a J curve in the impact of tariffs and anti migration policies over time.
It took time for it to kick in.
But anyway, the big point was
Whenever the next inflation shock comes, it's gonna go worse.
I had no idea that the President of the United States would bomb Iran and and ignore the fact that disrupting the Straits of Hormouths might have some inflationary effects beyond whatever else you think.
Um
But I knew there was going to be an inflation shock and we were primed to have more.
So
Showing 681–700 of 1,220 · page 35 of 61
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