Inflation Expectations Have Become Unanchored

Nov 9th 2021 11:22am EST

Inflation Expectations Have Become Unanchored Via SchiffGold.com, American consumers aren’t buying the transitory inflation narrative. Even after five straight months of annual CPI increases over 5%, Jerome Powell continues to insist inflation is “transitory” and the result of a “supply chain problem.” But according to the New York Federal Reserve Survey of Consumer Expectations, people aren’t buying […]

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