This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
"There's a chance - not a big chance - a small chance, of a soft landing, there is a chance of a mild recession, a chance of a harder recession. And because of the war in Ukraine... and the uncertainty that causes in the global energy supply and food supply, there's a chance could be worse," he said. "I think policymakers should be prepared for the worst."