The Fed’s Inflation Survey That The Fed Would Rather Not Hear

U.S. consumers think one-year domestic price inflation will run 50-100% higher than the current headline Consumer Price Index that Wall Street uses to value financial assets. That surprising finding doesn’t come from the fringe “Inflation is nigh, repent!” camp; as ConvergEx’s NBick Colas points out…

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The Fed’s Inflation Survey That The Fed Would Rather Not Hear