Consumers Expect Higher Inflation (And Volatility) For Longer
October 14, 2022 at 12:46 PM EDT
Market volatility continues as investors process the latest inflation figures and brace for lingering high prices. Stocks gave up the gains they made earlier in the morning on Friday after a consumer survey from the University of Michigan showed increased expectations for persistent inflation. Per the survey, the median expected year-ahead inflation rate rose to [...] The post Consumers Expect Higher Inflation (And Volatility) For Longer appeared first on ETF Trends .