Near term inflation expectations have dropped back, but longer-term expectations are up. Inflation expectations One year ahead: 2.05% (Prev: 2.40%, down 35 points) Two years ahead: 2.12% (Prev: 2.03%, up 9 points) Five years ahead: 2.24% (Prev: 2.07%, up 17 points) Ten years ahead: 2.19% (Prev: 2.03%%, up 16 points) The latest survey of inflation […]

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