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US consumer inflation expectations jump to 3.9%, highest since May 2023
ParkietLO·US·about 13 hours ago
The University of Michigan survey shows one-year inflation expectations rose from 3.6% to 3.9% in September, a notable uptick that could signal entrenched price pressures. This may complicate the Fed's easing path, as higher expectations can become self-fulfilling. The data is preliminary and subject to revision.
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