The National Association for Business Economics lowered its estimates for domestic activity for both 2025 and 2026.

Still, inflation will likely persist above the Federal Reserve’s 2% target through next year. Economists surveyed by NABE expect the inflationary surge to prove short-lived but persist above the Fed’s ...

The rise in price pressures will prove short-lived, according to a survey of economists. Still, inflation will likely persist above the Federal Reserve’s 2% target through next year.