Forbes predicts an acceleration in US inflation this summer that will continue for “many years.”
The publication refers to the fact that economists at Goldman Sachs raised their inflation forecasts this weekend. According to their findings, the latest significant price spikes in the US are similar to those that marked record inflation decades ago.
As transport and health insurance costs continue to rise, this is pushing core inflation up from 6% in May to 6.3% in September.
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