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Most economists and certainly the markets, forecast temporarily high inflation then it comes down. Few economists crying inflation always get the press. (Fed's
by nabla9 5y ago
Most economists and certainly the markets, forecast temporarily high inflation then it comes down. Few economists crying inflation always get the press.
(Fed's target is 2% average)
https://fred.stlouisfed.org/series/T10YIE https://fred.stlouisfed.org/series/T10YIE 10-Year Breakeven Inflation Rate "represents a measure of expected inflation derived from 10-Year Treasury Constant Maturity Securities (BC_10YEAR) and 10-Year Treasury Inflation-Indexed Constant Maturity Securities (TC_10YEAR). The latest value implies what market participants expect inflation to be in the next 10 years, on average."