Adam Posen
President, PIIE. Globalist. Former central banker. Political economy with a policy purpose. Writes on macroeconomic policy, G7/China relations, globalization, and economies of US, UK, Germany, Japan, and PRC.
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- I spoke with @jsummers.bsky.social for All Things Considered about what Fed independence means in practice, and why the attack on Chair Powell is such a big deal for the US economy. This will air at tonight @npr.org at 5:05 ET and also will be on their podcast today.
- This is what uncertainty looks like. Why it takes a while for the inflation impact to come thru from tariffs and deportations. Also it explains why investment outside of AI has been so weak in the US, despite many things which normally would have led to a boom. www.bloomberg.com/news/article...
- Central bank independence - the latest evidence based thinking. Non-partisan take: Threatening the central bank chair leads to higher inflation with no gain in growth (recent studies and experience bears this out). www.piie.com/publications...
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- This major US financial stability risk has not been getting sufficient attention. So, I am using this feature I did with the Danish "Borsen" - in English - to try to raise this concern. If you find the argument clear and therefore worrying, please circulate, thanks. www.piie.com/commentary/o...
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- New interview in Le Monde (en francais) The US can bully, but Europe has more agency than it thinks. Yet Europe cannot succeed trying to play the same game as China or US. It has to employ attraction to counter and compete with threats. www.lemonde.fr/economie/art...
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- Reposted by Adam Posen#CallForPapers: 2nd Kiel-CEPR Monetary Policy Conference - submit papers on #monetarypolicy & central bank independence by Jan 18! Confirmed speakers: Ulrike Malmendier (Keynote, @svrwirtschaft.bsky.social), @adamposen.bsky.social & Philip Lane @ecb.europa.eu 👉 cepr.org/events/2nd-k... @cepr.org
- The future of globalisation - a new podcast discussion on how geopolitics and trade profoundly changes Europe's role, how countries will adjust to this new normal – and whether the changes we have seen will ever be unwound with #Voxtalks_economics cepr.org/multimedia/f... via CEPR_EU
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- Definitely worth a listen to @mdebolle.com on @npr.org On point discussing the Argentina bailout by the US government @wbur.org @piie.com www.wbur.org/onpoint/2025...
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- This is a good summary of my assessment of the Trump economic policies after one year, and what is to come. There is a consistent thru line to the Trump program which was evident by Nov '24,but that does not make it a coherent policy nor reduces uncertainty. global.chinadaily.com.cn/a/202511/14/...
- New podcast: me reflecting on US economic policies since the election, what we foresaw, what surprised, what the impact has been and will be. Includes a warning about the seeds being sown for the next financial crisis by Trump's crypto and Fed policy combo. podcasts.apple.com/us/podcast/a...
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- Congress's role in the trade war: A bipartisan conversation with Senators Kaine and Paul Live Today 5:45pm ET @piie.com www.piie.com/events/2025/...
- Yes, inflation from tariffs is happening. Will inflation expectations stay low? Mebbe not www.theguardian.com/business/202...
- Live webcast today 10:45 ET Surveying the new economic geography with @AdamPosen and @joshualipsky Live at @IMFNews Watch here! www.youtube.com/live/kNiZYVd... via @YouTube
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- Reposted by Adam PosenUS-China tariffs: where do they currently stand? - US average tariff on imports from China: 57.6% - China average tariff on imports from US: 32.6% Note: We have been updating this chart since September 2019
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- New podcast @piie.com Maurice Obstfeld on trade and the international financial system - discussing everything as only he can With @anjali.v.bhatt #piieinsider www.piie.com/events/2025/...
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- Trump and Xi are both posturing ahead of their upcoming summit, but PRC/Xi is escalating - as noted by @rushdoshi.bsky.social and Lingling Wei this is because they think (rightly) Trump will back off. *Taps the sign* (I warned y'all @foreignaffairs.com ) www.foreignaffairs.com/united-state...
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- New video! Why the substantial inflationary impact from tariffs and deportations has been lagged but is coming A real world based take on the US economic forecast Me excerpted from @piie.com Global Economic Prospects www.piie.com/newsroom/sho...
- New video! Why the substantial inflationary impact from tariffs and deportations has been lagged but is coming A real world based take on the US economic forecast Me excerpted from @piie.com Global Economic Prospects www.piie.com/newsroom/sho...
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- Global growth holds up despite policy headwinds and rising risks - New blog by Karen Dynan Latest global economic propsects from @piie.com www.piie.com/blogs/realti...
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- Global Economic Prospects: Fall 2025 Live today 1p ET @PIIE our Global Economic Prospects Karen Dynan with US and G20 growth outlook, me on why US inflation will be high, and Arvind Subramanian on the China Shock to LMIEs growth www.piie.com/events/2025/...
- I joined @econofact.bsky.social Chats for a podcast episode "A Changing Economic Geography" drawing on my recent article in @foreignaffairs.com We discuss the consequences of a Post-American world economy. With Michael Klein econofact.org/podcast/a-ch...
- A world with two predatory superpowers Martin Wolf channels my views and some complementary ones. Not complimentary to the policy approach of the Trump Administration. Martin is right and as ever says it so well. Via @financialtimes.com www.ft.com/content/f836...
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- Starting soon 11a ET Live Webcast of Global Economic Outlook with @gregdaco.bsky.social and Ashley Costa We will discuss: Global fragmentation US fiscal tightrope: shutdown and beyond Immigration drag US inflation reacceleration Fed policy and independence www.ey.com/en_us/media/...
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- New Podcast on Who Profits in a Post-American World? On Hidden Forces with @kofinas.bsky.social Great discussion of market implications, long-term drivers, and potential policy responses The New Economic Geography @foreignaffairs.com @piie.com hiddenforces.io/podcasts/who...
- Dethroning the dollar - timely Live Webcast today 0935 ET @Financial.Times with me, Katie Martin and Mark Sobel One way to dethrone oneself is for a king to wastefully and publicly throw treasure to a favored spendthrift courtier (Yes, Argentina) globalaffairsny.live.ft.com/agenda/sessi...
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- Live webcast tomorrow 0935 ET Dethroning the dollar? @FT With me, K Martin, @sobel_mark globalaffairsny.live.ft.com/agenda/sessi...
- New Podcast on Trump's Economic Warfare: Are there any winners? In the latest episode of @DrillPod – we ask, how do tariffs and inflation in the US impact global security? @ejbeals and I discuss - thanks @gavinesler too open.spotify.com/episode/2m2a...
- New Podcast on Trump's Economic Warfare: Are there any winners? In the latest episode of This Is Not A Drill – we ask, how do tariffs and inflation in the US impact global security? Emma Beals is joined by @adamposen.bsky.social (me) podcasts.apple.com/us/podcast/t...
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- It appears that Lisa Cook held off "proving her innocence" because she thought (rightly) she shouldn't have to. To have the courage to do that when the US state is attacking you is pretty darn admirable.
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- Livestream Today @ESRBofficial 9th annual conference My keynote address "Systemic risks for Europe from the New Economic Geography" watch LIVE at 10a CET @ecb.europa.eu @piie.com @foreignaffairs.com Discussion by @TL_Beck_Firenze www.esrb.europa.eu/news/schedul...
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- Two minute summary of why central bank independence is a good thing, evidence and logic. Starting at the 2:00 mark with @ptsweeney.bsky.social @tomkeene123.bsky.social on @bloomberg.com youtu.be/2Q1WfygjzDc?...
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- You have to see the whole board. Trump's policies are a regime shift from the US as insurance provider to protection racket, creating The New Economic Geography. It isn't just about any one tariff or Fed official - the implications are far broader www.foreignaffairs.com/united-state...
- NEW ODD LOTS podcast This year's surreal Jackson Hole Conference @talloway.bsky.social and @weisenthal.bsky.social chat with me about this bizarre situation, where everyone was publicly going on like it was business as usual, in the middle of attacks on Fed independence t.co/JhP1UlluZG
- We Are All Lisa Cook @pkrugman.bsky.social says it all and he is right. open.substack.com/pub/paulkrug...
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