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Wu Blockchain (@WuBlockchain): Nick Timiraos: From the University of Michigan consumer survey, year-ahead inflation expectations jumped up from 3.3% last month to 4.3% this month, t…

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Nick Timiraos: From the University of Michigan consumer survey, year-ahead inflation expectations jumped up from 3.3% last month to 4.3% this month, the highest reading since November 2023 and marking two consecutive months of unusually large increases. This is only the fifth time in 14 years we have seen such a large one-month rise (one percentage point or more) in year-ahead inflation expectations. x.com/NickTimiraos/s…

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