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The United Nations has assessed the near-term economic prospects for the United States


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United Nations, January 25 – Near-term economic prospects in the United States began to deteriorate rapidly in the second half of 2022, according to the United Nations Report on the World Economic Situation and Prospects for this year.
Consumer price inflation rose sharply from 1.4% in December 2020 to 9.1% in June 2022, with average monthly price inflation of 4.7% in 2021, he notes.

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“For most of 2021, policymakers considered inflationary pressures temporary and expected them to disappear as the economy reopened. However, inflation continued to rise in 2022,” the document says.

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