Date Published: June 17, 2021
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This quarter’s economic forecast update reflects a common theme of an upgraded outlook. Persistent fiscal supports and a faster rollout of vaccine campaigns are reinvigorating business activity alongside a consumer that is ready and able to spend. There’s also no side-stepping another common theme – accelerated inflation. Price growth is expected to remain elevated for the remainder of this year and into next as supply dislocations take longer to resolve relative to the sudden pop in demand. This publication focuses on the numbers, but if you'd like a deeper dive into underlying issues please see our Quarterly Economic Briefing published June 3. For more on our financial outlook, please see our most recent Dollars & Sense, published on June 9.
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|Economic Indicators: G7 and Europe|
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