Enterprise leaders count on President Joe Biden’s inflation to rise greater than anticipated in March, based on the Federal Reserve Financial institution of Atlanta’s enterprise inflation expectations (BIE).
The Federal Reserve Financial institution of Atlanta’s measure of enterprise expectations for inflation confirmed that, on common, companies in March count on costs to spike by 3.1 p.c, a big enhance. The earlier forecast was for it to be unchanged at 2.9 p.c.
This measure had been steadily dropping since…
