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Interstellar Group

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Michigan Sentiment completes data trifecta: Inflation expectations down

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2022-07

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2022-07-17
Market Forecast
Michigan Sentiment completes data trifecta: Inflation expectations down

Summary

Consumer sentiment rose a scant 1.1 points from last month's all-time low, but the REAL takeaway is that inflation expectations cooled. That is welcome news for Fed policymakers and it makes the pressure to “go big” at the next meeting less intense after this week's scorching CPI report.

Read the full report here

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