Long-Run Inflation Expectations Drop to 3.3% in June, Easing the Fed’s Path

Long-run inflation expectations fell to 3.3% in June while year-ahead expectations eased to 4.6%, a modest relief for the Fed's hawkish hold at 6.75% prime.

Long-run inflation expectations fell to 3.3% in June while year-ahead expectations eased to 4.6%, a modest relief for the Fed's hawkish hold at 6.75% prime.