Inflation is a key forecast concern for the economy, according to the November 2021 commentary from the Fannie Mae’s Economic and Strategic Research (ESR) Group.
The ESR Group’s expectations for inflation were upgraded meaningfully in the near term to average 6.2% on an annual basis in the fourth quarter. The forecast anticipates the recent price gains to begin to moderate over the coming quarters as temporary factors begin to wane, but the build-up of