UMich Inflation Expectations Accelerated In April To 2024 Highs

Short-term inflation expectations rose... again... according to the latest UMich sentiment survey with 1-year expectations at 3.2% final, up from preliminary 3.1% for April, and 2.9% for March. This is the highest level since Nov 2023...
Source: Bloomberg
The headline sentiment also declined in April from…

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