New York Fed'in tüketicilerin enflasyon beklentisi araştırması:
https://www.newyorkfed.org/microecon...sce#/inflexp-2
There is now nothing standing in the way of inflation spiraling higher: Consumers are flush with money, and the Fed still has its foot all the way on the gas, including near-0% short-term interest rates and printing $120 billion a month to repress long-term interest rates despite actual inflation that has been above 5% four months in a row. The Fed will now back off slowly from its money printing mania, but that means that it will blow through the red lights at the next bunch of intersections at slightly lower speeds, but it'll still blow through red lights, and consumers can see that.
https://wolfstreet.com/wp-content/up...-year_rent.png
https://www.newyorkfed.org/microecon...ce#/spendexp-1
https://www.newyorkfed.org/microecon...ce#/hhincexp-1
Inflation expectations are much higher where people spend most of their money.
Despite a median inflation expectation of 5.7%, for the line-items where consumers spend much of their money -rent, food, gas, healthcare - inflation expectations for one year from now are at or near 10%:
Rent: +10.0% (new record)
Food prices: +9.1% (new record)
Gasoline prices: +9.4%
Health care: +9.4%
College education: +7.4%.
"Inflation expectations" is a key metric for the Fed, based on the theory that consumer price inflation is in part a psychological phenomenon.
It's the theory that rising inflation expectations alter consumer behavior, such as by moving purchases forward before things cost even more, and accept higher prices, rather than balking, as they would have done before. And this altered consumer behavior contributes to higher inflation in the future.
Alıntı yaparak yanıtla
Yer İmleri