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Third Quarter 2021 Survey of Professional Forecasters Predict Lower Current-Quarter Growth, Followed by Stronger Growth over Subsequent Quarters

from the Philadelphia FedThe U.S. economy for the current quarter looks weaker now than it did three months ago, according to 36 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The panel predicts real GDP will grow at an annual rate of 6.8 percent this quarter, down 0.7 percentage point from the prediction in the last survey.

As Inflation Ticks Up, Investors Hunt For Hedges

As Inflation Ticks Up, Investors Hunt For Hedges A generation of investors is staring down inflation for the first time share this article Advertisements These shortages have made inflation a hot topic among investors and central bankers this year. Recent data is further fueling the debate: an index of U.S. consumer prices that excludes food and fuel rose 0.9% in April from a month earlier, the biggest jump since 1982. More on Hotels Commercial real estate is a potential route for investors looking to hedge against inflation risks. However, for many market participants, this will be the first time they’ve faced such a steep inflationary environment.

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