The United States has released a large amount of water to stimulate economic development, not only leaving itself heavily in debt, but also keeping its own market under the test of inflationary pressures.The latest data show that the overall CPI of the United States burst again in June, the biggest increase in nearly 13 years, and skyrocketing prices make people feel that the era of "big inflation" is coming.

At the same time, the last thing the Fed wants happened.On the one hand, persistent inflationary pressures in the US have made the US CPI index and PCE index far exceed the Fed's expected 2 per cent inflation target in June, sounding the "alarm" that the US economy may be in recession.

Besides,Bank of AmericaEconomists also cut their forecast for US economic growth this year to 6.5 per cent from the previous 7 per cent.Economists generally expect US economic growth to peak, and the country's economic performance in the second half of the year is expected to continue to slow due to inflation and supply.

On the other hand, because of the high inflation, the wage pressure of enterprises is increasing gradually, so it is difficult to offer a satisfactory price, and there is a growing shortage of labor in the market.The latest report also points out that the problem of labor shortage in the United States will not disappear any time soon.

To make matters worse, supply shortages are also one of the current problems facing the United States.Affected by the epidemic, the country's supply chain has been in a state of "choking", and the process of its economic recovery can only be "blocked" all the time.

As the negative effects of the 5 trillion yuan water release plan began to show, the United States also began to "panic."The relevant report still shows that inflation in the United States will remain high for some time, and it may not be so easy to get back on track of normal economic development in the short term.

Text | Hong Xinting question | Zeng Yunzi Tu | Lu Wenxiang Review | Lu Jiamin