Latest / The Federal Reserve Podcast with Fexingo: Interest Rates, FOMC Meetings, and Monetary Policy
Why the Fed Is Watching Consumer Inflation Expectations
Today Lucas and Luna dig into the Fed's focus on consumer inflation expectations, especially after the May CPI print showed 4.2% annual inflation – the highest in three years. They explain why the central bank pays more attention to how households and businesses think about future inflation than current CPI data, and how this shapes rate decisions. Drawing on the latest New York Fed household survey, which shows financial anxiety at a two-year high, they explore whether expectations are becoming unanchored. Lucas walks through the difference between 'soft' survey data and…
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