The National Association for Business Economics (NABE) survey for May found that forecasters expect inflation to remain elevated through 2023 and 2024 while gradually easing.
expect that inflation will remain persistently high through 2023 and 2024, according to a new survey by the National Association for Business Economics .
The May survey by the National Association for Business Economics found that forecasters expect inflation to ease but remain above the 2% target this year and next. Inflation came in at 4.9% year-over-year in April, more than double the Federal Reserve's target of 2%.to tamp down inflation through efforts to raise interest rates are viewed as both the biggest potential downside and upside risks to the economy.
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