Wednesday, July 11, 2018
Year-Ahead Inflation Expectations Unchanged At Business Level
Energy may be high and metals may be rising on tariffs, but year-ahead
inflation expectations at the business level remain unchanged at 2.1
percent. Yet this reading, like most inflation data, is in fact trending
incrementally higher, moving from the 1.7 percent rate to just over 2
percent over the last year. Watch for the consumer price report on
Thursday's calendar.
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