US Year-Ahead Inflation Expectations Drop to Lowest Since 2021
US short-term inflation expectations fell in early March to the lowest level in nearly two years.
US short-term inflation expectations fell in early March to the lowest level in nearly two years.
Top economist Mohamed El-Erian blames the Fed for bad messaging and stock volatility.
Former Treasury Secretary Lawrence Summers took the over while ex-International Monetary Fund chief economist Olivier Blanchard took the under.
The Fed will likely need to raise interest rates more than expected in response to recent strong data and is prepared to move in larger steps.
Investors will be looking for confirmation that central bank is going to keep raising interest rates for next several meetings to fight inflation.
When inflation rises above normal levels, protecting 401(k) accounts from inflation becomes an increasing focus of 401(k) owners.
Historically, commodities have had a low correlation with equities and a negative correlation with bonds, making them effective diversifiers.