The final consumer sentiment reading reveals a sharp rise in inflation expectations, driven by uncertainty surrounding President Trump's trade policies.
Yahoo Finance Senior Reporter Alexandra Canal dives into these inflation reports with Asking for a Trend host Julie Hyman.
One-year inflation expectations increased to 4.3%, the highest reading since November 2023. Long-term expectations also climbed to 3.5%, reaching their highest level since April 1995, fueled by anticipated rather than current price shocks.
As the Fed keeps a close watch, the potential impact of these inflation shifts could shape future economic policies and market movements.
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This post was written by Josh Lynch