Forecasts of rising inflation and slowing wage rises in 2017 are only some of the reasons economists such as Adam Posen are gloomy about Britain's future As we near Halloween night, there is a growing sense of foreboding about the economy's prospects next year, even among Brexiters. The one word that is having a chilling effect - stagflation - is best known from its 1970s incarnation, when it wrought havoc throughout the land. The combination of stagnant GDP growth and high inflation pushed the ...
The spectre of stagflation looms over the economy. This time it's scarier than ever
The Guardian - 30 Oct 2016 08:00
Forecasts of rising inflation and slowing wage rises in 2017 are only some of the reasons economists such as Adam Posen are gloomy about Britain's future As we near Halloween night, there is a growing sense of foreboding about the economy's prospects next year, even among Brexiters. The one word that is having a chilling effect - stagflation - is best known from its 1970s incarnation, when it wrought havoc throughout the land. The combination of stagnant GDP growth and high inflation pushed the ...
Share this Article
Recommended