At the highest level since 2008 consumers’ long-term expectations of him rose, due to concerns about possible tariffs from the upcoming Trump government. US citizens expect inflation to rise at an annual rate of 3.3% over the next five to 10 years, from 3% expected last month, according to the University of Michigan preliminary survey for January published today (10.1.2025). CORVERSE They also see that costs will rise by 3.3% next year, increased by 0.5 percentage points from December. As a result, the January 2025 preliminary climate index retreated to 73.2 out of 74. The investigation period includes replies from 17 December 2024 to 6 January 2025.
U.S.: At a high 16 year old inflation expectations
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