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$31 Trillion billions Cleveland Cleveland Fed consumer price index Covid-19 pandemic. CPI Data Economics Fed Federal reserve gross national debt higher rates inflation inflation rate Inflationary pressure Interest Rates Michael A. Peterson National Debt Peter G. Peterson Foundation report spending supply chain shocks trillions U.S. Government U.S. Treasury Department Ukraine-Russia war US National Debt

Fed’s Inflation Nowcasting Data Shows Future CPI Increases, US Gross National Debt Hits $31 Trillion

Oct 5, 2022 Robert Brown

A recently published forecast stemming from the Federal Reserve Bank of Cleveland’s Inflation Nowcasting data indicates upcoming U.S. consumer price index (CPI) metrics will likely be elevated. The newly predicted…

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