As an Amazon Associate I earn from qualifying purchases from

Inflation expectations surge, hitting new high for New York Fed survey

CNBC/Jeff Cox

Repost from 7-13-2021

“Despite the Federal Reserve’s assurance that current inflation pressures won’t last, consumers see things differently, according to a survey Monday from the central bank’s New York district.”

USAGOLD note: Inflation expectations surged to 4.8% – the highest reading since inception of the measure in 2013. A good many – consumers and economists alike – will see that 12-month expectation as on the low side.

 Survey of Consumer Expectations
(Source: New York Federal Reserve / As of June 2021)

linne chart showing consumer inflation expectations issued by the New York Federal Reserve


This entry was posted in Today’s top gold news and opinion. Bookmark the permalink.

Source link

We will be happy to hear your thoughts

Leave a reply

Backup Investor
Reset Password
Compare items
  • Total (0)