News about Inflation

Per May ⁦@UMich⁩ update, 1y inflation expectations (blue) up to 3.5% vs. 3.2% prior; 5-10y expectations (orange) up to 3.1% vs. 3% prior pic.twitter.com/YC7EOlxu5R

Per Bloomberg, “US Consumer Sentiment Slumps as Inflation Expectations Rise” (details below). Add that to other indicators of the slight stagflationary wind blowing through the economy. #economy #growth #inflation #econtwitter pic.twitter.com/BjvuGjeFlp

Global News | Michigan year-ahead inflation and prelim May consumer sentiment update👇 #UnitedStates #inflation pic.twitter.com/y3uvaNJ1zD

The longer the #Fed keeps interest rates at current levels the larger federal budget deficits grow. Rising deficit spending adds to the upward pressure on consumer prices. This pressure will increase when rising deficits lead to a weaker dollar. Higher rates = higher #inflation.