Investors should keep an eye on what happens to inflation expectations in the coming months. they should pay more attention to whether actually happens with inflation,
The University of Michigan reported Friday that respondents to its survey of consumers this month said they expect prices to rise 5.3% over the next year and 3.1% per year over the next 5 to 10 years. Those numbers are high relative to the survey’s recent history, but not as high as preliminary survey figures released earlier in the month, which put inflation at 5.4% over the next year and 3.3% over the next 5 to 10 years. .