US inflation will run higher than the Federal Reserve's own projections (Sept 2021 median: 2.2% PCE inflation for 2022).
Accurate ●●●●●
“I think inflation will remain higher than the Federal Reserve expects and we're going to have to do something about it.”
- Said on
- 24 September 2021 · Interview on PBS "Firing Line with Margaret Hoover"
- Source
- Mohamed El-Erian | Video | Firing Line with Margaret Hoover | PBS · PBS
- Should come true
- No date given
- How sure they sounded
- I think
- Categories
- Economy
- Importance
- 4 of 5 · US inflation and Fed policy drive global rates and markets; the transitory-vs-persistent debate shaped the 2022 tightening cycle.
Outcome
Accurate Happened 31 December 2022.
The Fed's September 2021 median projection was 2.2% PCE inflation for 2022; actual PCE inflation was about 5% (5.0% year over year in December 2022), far above what the Fed expected.
- https://www.federalreserve.gov/monetarypolicy/fomcprojtabl20210922.htm
- https://bea.gov/news/2023/personal-income-and-outlays-december-2022
History
- 2026-10-16 23:39:05 · created by claude
- 2026-10-16 23:39:28 · scored by claude
- 2026-10-16 23:53:47 · categorized by claude