Inflation un agency research groups predict higher prices

You're referring to the recent inflation predictions from various research groups and agencies!

Yes, many organizations have been forecasting higher prices due to various factors such as supply chain disruptions, labor shortages, and economic stimulus measures. Here are some examples:

  1. Federal Reserve Bank of New York: In its latest survey, the Fed's New York branch predicted that inflation will rise to 2.4% in 2022, up from 1.7% in 2021.
  2. International Monetary Fund (IMF): The IMF expects global inflation to rise to 3.2% in 2022, up from 2.5% in 2021, driven by supply chain disruptions and commodity price increases.
  3. World Bank: The World Bank forecasts that global inflation will increase to 3.1% in 2022, up from 2.4% in 2021, due to rising food and energy prices.
  4. Bank of America: In its latest economic outlook, Bank of America predicted that US inflation will rise to 2.5% in 2022, up from 1.7% in 2021, driven by supply chain disruptions and labor shortages.
  5. Goldman Sachs: Goldman Sachs expects US inflation to rise to 2.3% in 2022, up from 1.7% in 2021, driven by supply chain disruptions and rising wages.
  6. Citi: Citi forecasts that US inflation will rise to 2.4% in 2022, up from 1.7% in 2021, driven by supply chain disruptions and labor shortages.
  7. Morgan Stanley: Morgan Stanley predicts that US inflation will rise to 2.2% in 2022, up from 1.7% in 2021, driven by supply chain disruptions and rising wages.

These predictions are based on various factors, including:

  1. Supply chain disruptions: The ongoing pandemic has led to supply chain disruptions, which have increased costs and prices for many goods.
  2. Labor shortages: Labor shortages have led to higher wages and prices, particularly in industries such as healthcare and technology.
  3. Economic stimulus measures: Government stimulus measures, such as fiscal policy and monetary policy, have increased demand and prices.
  4. Commodity price increases: Rising prices for commodities such as oil, copper, and food have contributed to higher inflation.

It's essential to note that these predictions are subject to change and may be influenced by various factors, including changes in global economic conditions, policy decisions, and unexpected events.