The 2.8% contraction in US economic growth that the Federal Reserve Bank of Atlanta is flagging for the first quarter is dreadful news for Asia and the wider global economy. The Atlanta Fed’s prediction collides with hotter-than-expected inflation in the world’s biggest economy. That, at a moment when Donald Trump seems hellbent on imposing ever-bigger […]
Trump trade wars making stagflation great again
And there’s nowhere for Asia’s trade-geared economies to hide from the fallout
