Americans’ Inflation Expectations Have Never Been Lower
While headline confidence among Americans – based on various surveys – remains at or near multi-year highs (along with asset prices), there is one hole in The Fed’s CONfidence game.
Expectatiosn for inflation over the next 5 to 10 years tumbled to just 2.2% – the lowest in its 40-year history…
Source: Bloomberg
Get back to work Mr.Powell!
Tyler Durden
Fri, 12/20/2019 – 10:25
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