US Inflation: is it "Back to the Future"?

Paul Mortimer-Lee

National Institute Global Economic Outlook, 2022, issue 5, 21-27

Abstract: The US Federal Reserve persistently and sharply underforecast inflation last year. This might just be a temporary run of bad luck, but if it is not then the world's largest economy could be headed for a sustained period of high inflation that could roil markets, disrupt the economy, and require a recession to stop it.

Date: 2022
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