This is a news story, published by Yahoo Finance, that relates primarily to Fed news.
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higher inflation expectationsYahoo Finance
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85% Informative
Consumers expect inflation to sit at 2.6% in a year , a decrease from last month's expectation of 2.7% .
November 's reading is the lowest since December 2020 .
Expectations for long-run inflation did tick higher though, rising to 3.1% from 3% the month prior.
Inflation expectations are a key part of the Fed 's calculus due to consumers' willingness to pay higher prices.
VR Score
92
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96
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31
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English
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48
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