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Global forecasting group sees U.S. inflation at 4.2% this year, much higher than Fed estimate
The forecast is a sharp step up from the prior projection of 2.8%. Moreover, it is much higher than the 2.7% Fed officials estimated.
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forbes.com
Inflation May Hit 4.2% As Iran War Hikes Oil Prices, OECD Warns
The organization, comprised of 38 of the world’s most advanced economies, said the conflict in the Middle East was testing the "resilience of the global economy."
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cnbc.com
Global forecasting group sees U.S. inflation at 4.2% this year, much higher than Fed estimate
The forecast is a sharp step up from the prior projection of 2.8%. Moreover, it is much higher than the 2.7% Fed officials estimated.