Sentence examples for expectation of inflation from inspiring English sources
The University of Michigan's survey of households' expectation of inflation over the next 12 months has risen from 1.7% to 3.2% over the past year.
A survey of American consumers shows that their median expectation of inflation over the next five to ten years has reached its highest since 1995 (see article).
The predicament provided an opening for their critics, most notably Milton Friedman, who argued that incessant government stimulation of the economy risked promoting not only inflation but the expectation of inflation, which could then spiral out of control.
By that he means the central bank should embark on a crash program of printing yen -- creating not only inflation today, but also the expectation of inflation tomorrow and an indefinite number of tomorrows into the future.
Worryingly, the bank's own survey shows that the median expectation of inflation over the next year has risen to a new high of 3.3%.So far the central bank has moved cautiously.
According to a survey by the University of Michigan, Americans' expectation of inflation over the coming year is now 3.3%, up from 2% last May.More optimistic analysts note that inflation is still extremely low by historical standards.
He adds:Inflation has already persisted below target longer than the Fed expected, and the latest data suggest that it is the public's expectations of inflation that are converging towards actual inflation, rather than the other way around.
Inflation has already persisted below target longer than the Fed expected, and the latest data suggest that it is the public's expectations of inflation that are converging towards actual inflation, rather than the other way around.
