U.S. Inflation Is Rising, The Fed Is Waiting, And Forecasts Are Getting Weaker

MarketPulse by OANDA Group663 FollowersFollow5ShareSavePlay(7min)CommentsSummaryEconomists have downgraded the U.S. outlook as the Iran conflict and higher energy prices are expected to push inflation higher, weaken consumption, and slow GDP growth.Inflation forecasts have risen sharply, and the Fed may delay rate cuts until it is clearer whether energy-driven price pressures will persist.The economy is still growing, supported partly by AI and data center investment, but recession risk has increased, and growth is becoming more fragile and dependent on fewer supports. Jonathan Kitchen/DigitalVision via Getty Images By Krzysztof Kamiński Economists have clearly downgraded their outlook for the U.S. economy, concluding that the war with Iran and rising energy prices will weigh increasingly heavily on economic activity in the coming months. At the centerThis article was written byMarketPulse by OANDA Group663 FollowersFollowMarketPulse is an award-winning industry analysis and news site service created by OANDA Business Information & Services, Inc. Covering forex, commodities, global indices and more, our goal is to give timely, relevant and informative commentary on major macroeconomic trends, technical analysis and worldwide events impacting the industry.