• Inflation rate projected to hit 6% in the second quarter

    From =?UTF-8?Q?Pelle_Svansl=C3=B6s?=@pelle@svans.los to rec.sport.tennis on Fri May 15 20:06:38 2026
    From Newsgroup: rec.sport.tennis

    The recent surge in inflation is likely to get worse over the next
    several months, according to a survey Friday from the nationrCOs top economists.

    Consumer price inflation is projected to hit 6% for the first quarter, according to the Survey of Professional Forecasters, a blue-ribbon group
    that is polled each quarter by the Federal Reserve Bank of Philadelphia.

    In the most recent forecast three months ago, the panel put the expected consumer price index gain at just 2.7%. However, that was just before
    the U.S. and Israel launched attacks against Iran, hostilities that have
    sent energy prices soaring while pushing inflation data well past the 2%
    mark the Fed targets.

    https://www.cnbc.com/2026/05/15/inflation-rate-projected-to-hit-6percent-in-the-second-quarter-top-economic-forecasters-say.html

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