Stocks Extend Losses After Fed Survey Shows Soaring Inflation Expectations

By Tyler Durden, According to The New York Fed’s latest survey, the public’s short-term expectations for inflation surged to 6% – a new record high. Interestingly, longer-run expectations for inflation eased a bit in November (for the first time since June). The New York Fed noted that: “the decline in medium-term expectations was driven by respondents without […]

The post Stocks Extend Losses After Fed Survey Shows Soaring Inflation Expectations appeared first on Global Intel Hub.

Leave a Reply

Your email address will not be published.