Foreign media reported that even though the Federal Reserve officials keep emphasizing that they do not intend to raise interest rates until the end of 2023, more and more economists believe that the rapid recovery of the U.S. economy and the risk of high Inflation will force the authorities to take faster action.
NABE President and CEMEX Chief Economist Manuel Balmaseda said that most of the economic experts attending the meeting believe that the risk of inflation is higher than in the past 20 years.
The latest survey by the National Association of Business Economics (NABE) shows that 61% of business economists believe that the risk of inflation is the highest in 20 years. 46% of members estimate that the Federal Reserve will raise interest rates in 2022, one year earlier than originally expected.
At the same Time, the Federal Reserve Dallas branch governor Kaplan (Robert Kaplan) said bluntly, do not rule out the possibility of raising interest rates next year. He estimated that inflation this year will be between 2.25 and 2.5%, inflation rose sharply mainly with last year’s new crown (Chinese communist virus) Epidemic led to a significant drop in inflation, as for 2022, the inflation rate will decline some more.
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