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[Economist Adam Posen Predicts High Probability Of US Recession Due To Inflation Risks And Loose Monetary Policy] Adam Posen, President Of The Peterson Institute For International Economics, Forecasts A 65% Chance Of The US Economy Entering Recession, Attributing Looming Inflation Risks Partly To The Federal Reserve's "too Loose" Monetary Policy. He Also Warns Of Potential Stagflation And Is Skeptical That Former President Trump's Fiscal Policies Would Stimulate Growth, Suggesting A Low 5% To 10% Chance Of Achieving Even 1% GDP Growth Through Stimulus.
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