2023 Us Inflation Forecast
Other inflation rate links of interest: But the housing market could also be what pulls. The nonpartisan agency expects that the consumer price index will rise 6.1% this year and 3.1% in 2023. Gross domestic product is now forecast to increase an annualized 1.2% in the fourth quarter of this year and average just 0.9% growth in 2023, each a markdown of 0.2 percentage.
It still seeks a 2% inflation over time but is willing to allow higher rates if inflation has been low for a while. Gross domestic product is now forecast to increase an annualized 1.2% in the fourth quarter of this year and average just 0.9% growth in 2023, each a markdown of 0.2 percentage. The fomc — the us federal reserve system's monetary policymaking body, which seeks to foster price. But the housing market could also be what pulls.