Market optimism over the potential for interest rate cuts next year is dangerously overdone, according …
Read More »Inflation expectations plunge in closely watched University of Michigan survey
Consumer fears over inflation tumbled in December amid declining energy prices and as the impact of interest rate hikes take hold. In the latest University of Michigan consumer sentiment survey released Friday, the one-year outlook for the inflation rate slid to 3.1%, down sharply from 4.5% in November and the …
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