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Inflation expectations are still rising: 1-year inflation expectations jumped 1.7 percentage points in April, to 6.7%, the highest since November 1981. This marks a 4th consecutive monthly increase of at least 0.5 percentage points. 1-year inflation expectations have surged by 4.1 percentage points since November 2024. Moreover, 5-year inflation expectations rose 0.3 percentage points, to 4.4%, the highest since June 1991 All while consumer sentiment has dropped to the second-lowest level on record. Americans are bracing for stagflation.
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Bitwise Plans to Launch Crypto Options Income ETFs
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