World Perspectives

Economy Entering an Inflationary Period

The Federal Reserve Open Market Committee is meeting today and tomorrow, where it will revise its latest economic forecasts for the year and release its plan for short term interest rates.  At the June meeting of the Fed, the median forecast among the 17 Fed policymakers was that inflation would be 0.8 percent in 2020. Given the economic recovery to date and the growth in government spending, that will no doubt be too low. Also, in June the Fed’s projection of inflation in 2021 and 2022 was 1.6 percent and 1.7 percent.   From the growth perspective, according to the data from the Atlanta Federal Reserve Bank, Q3 growth could be near 30 percent. Economic reports so far show that consumer spending is outpacing productio...

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From WPI Consulting

Accountability and a comprehensive approach to export programming

WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.

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