In an illustration of just how quickly this year’s slightly hotter inflation readings so far can feed consumer expectations, the New York Federal Reserve’s latest household survey might be another red flag at the central bank. Longer-run household inflation expectations deteriorated in February, the Fed survey showed. Even though the Fed is no longer expected to execute its first interest rate cut later this month – futures have shifted to an 80% chance of a June move instead – a lot rides on today’s consumer price inflation readout for February.
Related Posts
How Quinn Ewers, Texas ‘fought fire with fire’ and beat Michigan at its own game
Quinn Ewers and the Longhorns rampaged into the Big House and manhandled the defending national champs on both sides of the ball, leaving little doubt over Texas’ qualifications for a repeat trip to the CFP.
Jesse Marsch: ‘Rather coach Canada than U.S. right now’
Former USMNT player and current Canada coach Jesse Marsch said that he’s “not bitter” about not being hired to take over the USMNT from Gregg Berhalter in 2023.
Five quarterbacks the Packers could add while Jordan Love is hurt
Green Bay will be without starting quarterback Jordan Love for a few weeks as he recovers from a knee injury, and here are five quarterbacks they could bring in to compete with backup Malik Willis.