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Retired Teacher
We're fine... Buy something...Americans’ inflation expectations have surged to 4.3%, marking one of the sharpest three-month increases since 1979, according to new data that has economists concerned about price stability.
The University of Michigan’s consumer survey for January shows median one-year inflation expectations have climbed 1.7% since November’s election, The Economist reported on Tuesday. It represents a joint-largest quarterly increase in over four decades, rivaling periods when inflation hit double digits.