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 […]
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