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There are several websites where you can find inflation forecasts for various countries. The Organization for Economic and Cooperative Development (OECD) provides inflation forecasts for
There are several websites where you can find inflation forecasts for various countries. The Organization for Economic and Cooperative Development (OECD) provides inflation forecasts for its member countries. Use this website to answer the following questions.
https://data.oecd.org/price/inflation-forecast.htm#indicator-chart
- What is the current one-year inflation forecast for the U.S., the U.K. and Japan?
- Based on your answers for question 1, what would be your best forecast for the dollar-pound ($/) and dollar-yen ($/) exchange rates over the next year (as a percent change over the current spot rates)? Please be careful with units!
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