US Year-Ahead Inflation Expectations Revised Downward âšī¸
University of Michigan survey reveals US inflation expectations at 4.8% for the upcoming year, with a five-year outlook of 3.5%, indicating persistent inflationary pressures.
Inflation expectations signal moderate economic uncertainty, with slight moderation in near-term and longer-term projections. The data suggests ongoing inflationary challenges without dramatic shifts, which could influence monetary policy and market sentiment.