Fed’s Inflation Expectations Index Falls to Lowest Since 2021
- Index has fallen three straight quarters from a record high
- Index comprises more than 20 inflation expectation indicators
The Marriner S. Eccles Federal Reserve building in Washington, DC.
Photographer: Stefani Reynolds/BloombergThis article is for subscribers only.
A broad-based measure of inflation expectations compiled by the Federal Reserve fell last quarter to its lowest level in almost two years, according to data supplied by the central bank on Friday.
The index of common inflation expectations stood at 2.22% at the end of last quarter, down from 2.31% on Dec. 31, 2022 and the lowest level since June 30, 2021, when it stood at 2.18%.