US: Inflation expectations remain well-anchored – Wells Fargo – by MSalordFX Fed ConsumerConfidence Inflation Banks
main index. According to analysts at Wells Fargo, the most remarkable aspect of the latest sentiment survey is that inflation expectations remain so well-anchored. They point out that after this week's CPI surprise, Federal Reserve officials might be breathing a little easier.“Coming after the upward surprise from August consumer inflation earlier this week, it's remarkable that inflation expectations remain so well-anchored.
“The FOMC is thus likely to make note of expectations at next week's meeting as one positive development in an otherwise stubborn inflation environment and grim economic backdrop.” If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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