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First, other surveys revealed that inflation expectations fell in May.
The index of consumer expectations fell to 77.2 from 85.2.
Commodity prices are down, and inflation expectations fell in June for a second consecutive month.
The part of the index that measures expectations fell to 79.2 from 93.7 in August.
In February, the Conference Board's index of future expectations fell to 69, down from 116 in September.
The board's index of consumer confidence, which measures current and future expectations, fell to 79.4 from 93.7 in September.
Similar(42)
The point, they argued, was to stop inflation expectations falling, not to push them up.
So what if recovery stalls, and inflation expectations fall even further?
Jobless claims also moved contrary to expectations, falling by 13,000 last week, to 287,000 claims.
And if inflation expectations fall, the real interest rate the cost of credit accounting for inflation rises.
For the full year, net profit at BMW beat expectations, falling 36 percent to 210 million, or $286 million.
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