CBO Projects Inflation, Economic Growth to Cool This Year and Next

WASHINGTON — U.S. inflation and economic growth are forecast to cool later this year and into 2023, the Congressional Budget Office said on Wednesday, reflecting an economy in transition. change.

The nonpartisan agency’s economic and budget projections come as the Federal Reserve begins raising interest rates in an attempt to combat inflation, a move some economists and market observers say that there’s the potential for a recession in the US – and possibly a recession.

https://www.wsj.com/articles/cbo-projects-inflation-economic-growth-to-cool-this-year-next-11653501643?mod=pls_whats_news_us_business_f CBO Projects Inflation, Economic Growth to Cool This Year and Next

Edmund DeMarche

USTimesPost.com is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – admin@ustimespost.com. The content will be deleted within 24 hours.

Related Articles

Back to top button