Inflation Fears Are Back in Full Force
In April, 1-year inflation expectations soared to 6.7% — the highest level since November 1981. That’s a massive 1.7% jump in just one month, and the 4th straight month inflation expectations have climbed by at least 0.5%.
Since November 2024, short-term inflation expectations have surged by 4.1 percentage points.
Even 5-year #Inflation expectations ticked up by 0.3%, hitting 4.4% — the highest since June 1991.
Meanwhile, consumer sentiment has plummeted to its second-lowest reading ever.
Stagflation concerns are growing fast as Americans brace for tough economic times.
