Confidence with a question mark
NAB Morning Call
00:00
The Fed's Inflation Expectations
Consumer sentiment was good news that the consumer is in a better shape than it was a month ago. It also replaced the idea that maybe there's a little bit more work to do by the Fed. The inflation expectation numbers, not only the one year ahead, but also the five year ticked a little bit higher and up of 3%. So the market is thinking, okay, so this idea that maybe the Fed is done, maybe it's not as certain as before.
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