Financial market overview
Long-Term Inflation Expectations Hit 15-Year High: Have Fed Hikes Failed?
2023.11.28 03:31
www.investing.com/analysis/longterm-inflation-expectations-hit-15year-high-have-fed-hikes-failed-200643926
Long-Term Inflation Expectations Hit 15-Year High: Have Fed Hikes Failed?
By Jordan Roy-Byrne, CMT | Nov 28, 2023 12:16AM ET
The consumer sentiment survey for long-term inflation expectations hit a 15-year high today. This comes at the end of the second-greatest Fed tightening cycle in history. Moreover, the 1-year inflation expectation rebounded significantly.