Global Forecasting Group Projects US Inflation at 4.2%, Higher Than Fed Estimate

A global forecasting group predicts US inflation will reach 4.2% this year, a significant increase from its previous projection of 2.8% and considerably higher than the Federal Reserve's estimate of 2.7%.

26 Mar, 12:28 — 26 Mar, 12:28

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cnbcMostly Factual13d ago

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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Global Forecasting Group Projects US Inflation at 4.2%, Higher Than Fed Estimate

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Global forecasting group sees U.S. inflation at 4.2% this year, much higher than Fed estimate

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