What year did the National Association of Business Economics (as cited) say inflation would be at least above 2%?

Name: Are we heading for more inflation and possibly a recession? #Inflation
Uploaded: 2025-03-13T14:00:40+00:00
Duration: 42 s
Channel: Tom Burton
Description: Tom Burton weighs the risks of rising inflation and recession. The National Association of Business Economics says inflation won't drop below 2% until at…

Tom BurtonCo-Founder, COO and CTO of LeadSmart Technologies

Are we heading for more inflation and possibly a recession? #Inflation

13 Mar 2025 · 1 min

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Tom Burton weighs the risks of rising inflation and recession. The National Association of Business Economics says inflation won't drop below 2% until at least 2027. He examines whether tariffs will push prices higher and whether 2% is even the right target.

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2027

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But there was, there's obviously big talks now, not just about tariffs, but what tariff, what comes out of tariffs. National association of Business Economics talked about in an article, this is from CFO dive.com They talked about the risk of inflation accelerating again. They said minimum of 2027 above the 2%. I've said on this podcast for two, two years now. I'm not sure that 2% is the right number anyways. But what they're describing there is that with all the things going on, that we have some risk of recession and we have some risk of inflation numbers going up significantly.