U.S. consumers' long-term inflation expectations rose to their highest level in three decades in February
2025-02-21 16:32:58
The United States consumers long-term inflation expectations rose 30 high leveldesk3cryptocurrencydesktopCrypto News
US consumers' expectations of long-term inflation rose to their highest level in three decades amid fears that Mr. Trump's tariffs will lead to higher prices. According to the University of Michigan's Consumer Confidence Survey, consumers expect prices to rise at an annual rate of 3.5 per cent over the next five to 10 years, the highest level since 1995 in data compiled by Bloomberg.
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