Centro de Documentacion de Fundación MAPFRE - US economic outlook : input and housing costs to hit inflation next while interest rates remain low

Publication: Zurich : Swiss Re Institute, 2021Physical description: 2 p.Notes: 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 valuationsMateria / lugar / evento: Economía Crecimiento económico Análisis económico Desarrollo económico Inflación Recesión económica COVID-19 Estados Unidos Otros autores: Holzheu, Thomas
Meyer, Jake
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