Research Briefing | May 28, 2021

US inflation will be higher for longer

US  Inflation will be higher for longer

Over the past year, we have consistently predicted higher inflation stemming from base effects, stronger activity in the wake of the economic reopening, higher commodities prices, and supply chain bottlenecks. But two uncertainties cloud the outlook: the level that inflation will peak at, and the persistence of inflation into 2022.

What you will learn from this report:

  • Our latest US headline CPI inflation and core PCE inflation forecasts.
  • Where could the risks of overheating come from?
  • How will the Fed react?

Back to Resource Hub

Related Services

Post

Don’t write the Eurozone consumer off just yet

Eurozone growth in 2025 will rely on consumers. There were positive signs in H2 last year, with consumers starting to deploy their real income gains and the impact of lower rates feeding through. However, we don't think solid H2 outturns signal a sustained increase in momentum. Instead, we expect spending growth to stabilise around the current pace, totalling 1.5% in 2025.

Find Out More

Post

Housing affordability lowest in Greek, Danish, and German cities

House prices across Europe have soared over the past decade, especially in cities. During this time, incomes in Europe have not kept pace with house price hikes on average, squeezing the purchasing power of homebuyers in many European cities.

Find Out More