US consumer inflation expectations tick up in August
The US Conference Board reports 12-month inflation expectations rose slightly in August, while 61.3% of consumers expected higher interest rates over the next 12 months, down from 62% in July.
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Conference Board: Consumers' average and median 12-month inflation expectations ticked downward but continued to be elevated.
Conference Board: Consumers' average and median 12-month inflation expectations ticked downward but continued to be elevated.