November 12, 2021 7:18 AM
NEW YORK (BLOOMBERG) – Economists are getting a dose of humility on forecasting inflation after a resurgent coronavirus, a tenuous global supply network and stimulus-fueled consumers combined to send US prices well beyond the expectations of Wall Street and policy makers.
Source : http://www.straitstimes.com/business/economy/why-economists-got-it-so-wrong-on-us-inflation
