Inflation Expectations Are Back in the Debate Over Fed Rates
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I’m Cécile Daurat, an economics editor in the US. Today we’re looking at inflation expectations. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X via @economics. And if you aren’t yet signed up to receive this newsletter, you can do so here.
When Wednesday’s US consumer price index figures were released, they surprised almost every last economist with the magnitude of the price gains and hammered assets from Treasuries to stocks.