Conference Board: Higher inflation to persist into 2023

Some pandemic pressures expected to subside, while others will likely remain

Dana Peterson

Inflation has skyrocketed over the past year, hitting 7% by the end of 2021. A variety of temporary and persistent pressures are expected to keep that rate well above the traditional 2% annual rate targeted by the Federal Reserve, experts from The Conference Board economic research group signaled in an online presentation on Jan. 27. […]

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