Richard Portes

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Last quote by Richard Portes

We're all going to be – both on the U.K. side and the EU-27 side – we're all going to be worse off. There's no way that you can avoid the shocks, the negative shocks that will come from breaking the past trade, investment and so forth relationships that we've had. I think the (Bank of England) is going to be facing a hard choice towards the end of this year, because I think that consumer expenditure will be slowing down, investment will not be picking up and inflation will be picking up.feedback
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Apr 09 2017 Brexit
We found 2 articles in which Richard Portes said something. The most recent Richard Portes’s quote is: “I think the Bank is going to be facing a hard choice towards the end of this year, because I think that consumer expenditure will be slowing down, investment will not be picking up and inflation will be picking up. So the bank will have the classic conflict between 'do we raise rates to combat inflation?' with the possibility that in fact that the economy is slowing down significantly. I think there are very few positive signs. We've got a consumer sustained boom and that's partly consumer credit.”. In addition, all sources we refer have quoted Richard Portes 5 times. On this page, you will find all of Richard Portes’s quotes organized by date and topic.
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