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Consumers Have a Positive Inflation Outlook: UMich's Hsu
Posted
August 11, 2023
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1,065
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August 11, 2023
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6:16Now PlayingUniversity of Michigan Surveys of Consumers Director Joanne Hsu discusses the key takeaways from the latest consumer sentiment survey with Guy Johnson and Alix Steel on "Bloomberg Markets." US year-ahead inflation expectations unexpectedly declined in early August. Americans expect prices will climb at a 3.3% rate over the next year, down from the 3.4% expected in July.
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