Consumer Inflation Expectations Dip
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higher inflation expectationsYahoo Finance
•Inflation expectations fall to lowest level since December 2020
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.
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