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Inflation Forecasts Were Wrong Last Year. Should We Believe Them Now?

Economists misjudged how much staying power inflation would have. Next year could be better — but there’s ample room for humility.

Jeanna Smialek
Author: Jeanna Smialek

Written by

Jeanna Smialek

in

Consumer Behavior, Consumer Price Index, Coronavirus (2019-nCoV), Federal Reserve System, Inflation (Economics), Interest Rates, Labor and Jobs, Powell, Jerome H, Prices (Fares, Fees and Rates), Supply Chain, United States Economy, Wages and Salaries
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