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Economic Commentary

Current Outlook: Sustained Growth, Sustained Inflation

Forecasters attending the most recent Fourth District Economists’ Roundtable expect a stronger long-term growth path for the economy than experienced in past months, with brightened prospects for manufacturing following last year’s slowdown. Despite some surprising CPI figures for 1990:IQ, the economists call for a sustained underlying rate of inflation of about 4 percent through 1991.

The views authors express in Economic Commentary are theirs and not necessarily those of the Federal Reserve Bank of Cleveland or the Board of Governors of the Federal Reserve System. The series editor is Tasia Hane. This paper and its data are subject to revision; please visit for updates.

Suggested Citation

Erceg, John, and Paul J. Nickels. 1990. “Current Outlook: Sustained Growth, Sustained Inflation.” Federal Reserve Bank of Cleveland, Economic Commentary 6/15/1990.

This work by Federal Reserve Bank of Cleveland is licensed under Creative Commons Attribution-NonCommercial 4.0 International