Inflation Undershoots, Inflation Expectations Sketch Out Growing Downside

By |2019-06-28T17:04:07-04:00June 28th, 2019|Bonds, Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

For the third time in the last five months, inflation expectations have matched record lows. To hear officials and Economists talk, you’d think they were at or nearing record highs. The unemployment rate, after all, is at a 50-year low point which by mainstream reckoning should mean the cusp of an epic wage-driven breakout. According [...]