April 5, 2012

AND, AT THAT, IT OVERSTATES INFLATION:

Chart of the day: Low and stable inflation (ALEX HERN, 04 APRIL 2012, New Statesman)


The chart above shows the Cleveland Fed's summation of market expectations of inflation rates [...]. If it makes one thing clear, it is that at no point in the next thirty years does the market expect the long run inflation rate to even hit 2 per cent, let alone rise above it. 

Posted by at April 5, 2012 7:00 AM
  

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