Despite Omicron Hurdles, Strong Economic Recovery Likely Remains on Track
Even as the U.S. economy grew at its fastest pace in decades in 2021, the recovery has more recently flashed troubling warning signs, with soaring inflation, whipsawing financial markets and slowing consumer spending complicating the rebound. The Fed has said it expects inflation to fall to 2.6% by the end of 2022, mirroring projections by professional forecasters. Awesome!
Photo Credit: Markus Spiske