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US economic outlook : input and housing costs to hit inflation next while interest rates remain low

Recurso electrónico / Electronic resource
MAP20210026553
Jean Haegeli, Jérôme
US economic outlook : input and housing costs to hit inflation next while interest rates remain low / Jérôme Jean Haegeli, Thomas Holzheu, Jake Meyer. — Zurich : Swiss Re Institute, 2021
2 p.
Sumario: Slowing economic activity indicates peak growth has passed as the economy returns to more normal output. We maintain our 2021 and 2022 GDP forecasts at 6.0% and 4.0% respectively. High demand, supply disruptions and rising rents Will likely keep monthly inflation above the Fed's 2% target into the fall, but this should balance deflationary pressure from normalizing prices in used autos. A more stable inflation outlook, coupled with expectations of muted long-run growth, are causing long-term interest rates to decline from the spike in Q2. Downside risks are elevated for construction and housing due to supply chain issues and high home valuations
1. Economía . 2. Crecimiento económico . 3. Análisis económico . 4. Desarrollo económico . 5. Inflación . 6. Recesión económica . 7. COVID-19 . 8. Estados Unidos . I. Holzheu, Thomas . II. Meyer, Jake . III. Title.