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Inflation manifestation
Several measures show inflation expectations are up. Plus: wool demand, GDP revision, dad books, and a bagel boom.
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Inflation expectations are rising, and that alone could push prices higher
Consumers now expect prices to rise 4.8% over the next year, up from 3.4% in February, and businesses and bond markets are signaling similar expectations.
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Inflation manifestation
Several measures show inflation expectations are up. Plus: wool demand, GDP revision, dad books, and a bagel boom.