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The University of Michigan's survey of consumer long-term inflation expectations rose by the largest margin since May 2021.
Golden Finance reported that the final value of the one-year inflation rate expectation in the United States in February was 4.3%, reaching a new high since November 2023, with an expected value of 4.30% and a previous value of 4.30%. The final value of the five to ten-year inflation rate expectation in the United States in February was 3.5%, with an expected value of 3.30% and a previous value of 3.30%. The University of Michigan's survey showed the largest month-on-month increase in consumer long-term inflation expectations since May 2021.