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The agency predicts that the US economy will grow by 6.7% this year, and inflation will cool down in the second half of the year

The agency predicts that the US economy will grow by 6.7% this year, and inflation will cool down in the second half of the year
A new survey shows that business economists are more and more optimistic about the prospects of U.S. economic growth in 2021, and most people believe that the core inflation pressure will ease before the end of the year. According to the NABE survey, the median forecast for economic growth in 2021 is 6.7%, higher than the 4.8% forecast in March. Economists surveyed expect the core CPI excluding food and energy to drop to 2.1% in the fourth quarter from 2.6% in the second quarter. “Inflation expectations are significantly higher than they were in the March survey, but inflation is expected to fall in the second half of this year and not pick up in 2022,” NABE said According to the survey, the consumer price index (CPI) of the United States will be released today

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