Are US Inflation Fears Justified? Yes and No
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StraightTalk®

Quarterly updates on the outlook for the global economy from Chief Economist Dana M. Peterson

Are US Inflation Fears Justified? Yes and No


March 12, 2021 | Report

Expectations of a sudden surge in consumer and producer price inflation associated with easy monetary and fiscal policy likely are overdone. Price increases anticipated with the rotation of household purchases from goods to services probably will be transitory, especially as prepandemic disinflationary pressures reassert themselves. 


AUTHORS

Dana M.Peterson

Chief Economist and Leader, Economy, Strategy & Finance Center
The Conference Board

ErikLundh

Senior Economist, Global
The Conference Board

GurleenChadha

Former Research Analyst
The Conference Board


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