No inflation slowdown, just wishful thinking
NAB Morning Call
00:00
Is the Consumer Inflation Expectations Going Down?
Michigan consumer inflation expectations moved down ever so slightly. So's that glimmer of hope. Consumers expecting inflation to east to five point two % younow last month. They'r expecting next year, itw's gong to be five point three %. It's still pretty high, isn't it? Exactly? And, but probably the more important in am can shoot inflation expectations number out of that m out of thatmichigan survey is that five to ten year number.
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