UMICH: "Year-ahead inflation expectations jumped up from 3.3% last month to 4.3% this month, the highest reading since November 2023 and marking two consecutive months of unusually large increases." Long-run expectations also ticked up. www.sca.isr.umich.edu #NumbersDay - ThreadSky

About ThreadSky

bencasselman.bsky.social • 19 days ago

UMICH: "Year-ahead inflation expectations jumped up from 3.3% last month to 4.3% this month, the highest reading since November 2023 and marking two consecutive months of unusually large increases." Long-run expectations also ticked up.
http://www.sca.isr.umich.edu/ #NumbersDay

Comments

bencasselman.bsky.social•19 days ago

Note, though: Interviews concluded Feb. 4, so mostly before Trump postponed the Canada/Mexico tariffs.

mikedonnelly.bsky.social•19 days ago

Ben was there a survey error in the last month ?
https://www.apolloacademy.com/inflation-expectations-by-political-party/
The GOP 0% didn't make any sense

bencasselman.bsky.social•19 days ago

That's wild. It doesn't look like survey error, though. I pulled the microdata, and in December/January, 36% of Republicans said they expected prices to FALL in the next year. And 61% expect prices to be flat or down.

mikedonnelly.bsky.social•19 days ago

1/3 expect Trump's policies to cause a recession?? well...ok.

memberguest.bsky.social•19 days ago

No they think part of the price of things is dei so getting rid of that will make the price go down

mikedonnelly.bsky.social•19 days ago

shocking that this group proposing changes to women's health care would not like Diversity. look at all the diversity some have hair and some do not

Posting Rules

Be respectful to others
No spam or self-promotion
Stay on topic
Follow Bluesky's terms of service

Comments

Posting Rules

Reply