Nowcasts, Economic Indicators, Expectations

Figure 5. CPI inflation year-on-year (black), median expected from Survey of Professional Forecasters (blue +), median expected from Michigan Survey of Consumers (red), median from NY Fed Survey of Consumer Expectations (light green), forecast from Cleveland Fed (pink). Source: BLS, University of Michigan via FRED, Philadelphia Fed Survey of Professional ForecastersPhiladelphia FedNY Fed, and Cleveland Fed.

Look for Jim’s post on the GDP release tomorrow!

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