By Olivia Rockeman and Sarina Yoo From Bloomberg News Economists’ inflation expectations keep rising as a variety of key metrics underscore building price pressures. Forecasters raised their estimates for the consumer price index and for a key inflation gauge favored by the Federal Reserve, known as the personal consumption expenditures price index, every quarter through the first half of next year, according to the latest monthly survey of economists by Bloomberg. Compared to a year earlier, the CPI is now forecast to remain above 3 percent through March 2022, peaking at a 4.3 percent year-over-year gain in the current quarter, according to the median forecast in a June 4–9 survey of 77 economists. Data out Thursday showed the gauge rose more than expected for a third straight month. The PCE price index is expected to rise 3.5 percent in the April to June period, up from the 3 percent estimate …
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta