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U.S. inflation expectations soar, but the survey has flaws.
Jin10 data April 11th news, financial website Forexlive analyst Adam Button stated: "The initial value of the U.S. one-year inflation rate expectation for April recorded 6.7%, up from 4.9% last month. The initial value of the U.S. five to ten-year inflation rate expectation for April is 4.4%, the highest level since 1991, up from 3.9% last month. This is a flawed survey, but it’s a bad result. Given all the tariff increases and the rise in long-term Intrerest Rate, I don't think there will be any improvement next month. The survey was conducted from March 25 to April 8. It is worth noting that some of Trump's tariffs were lifted on April 9."