The Economic Outlook: What Could Possibly Go Wrong?

<p>Part II: Poking the Inflation Bear Summary In the second installment of our series on economic risks in the foreseeable future, we analyze the potential for higher inflation in coming years stemming from excess demand. Our base case looks for the rate of PCE inflation to rise to 1.9% in 2021 from an estimated rate [&#8230;]</p>
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