The Atlanta Fed’s Business Inflation Expectations for the current economic environment were unchanged at a mean of 1.9% for September, the same as in the prior two months. Inflation expectations are lower than they were in the latter half of 2018, but have settled more-or-less in line with the Fed’s 2% inflation objective. Businesses seem to be anticipating low and stable inflation for some time yet.
There will be a look at consumer inflation expectations for September in the University of Michigan’s Survey of Consumers when it is released at 10:00 ET on Friday, September 13. While consumers are reporting slightly higher inflation expectations than businesses, the tone of the data also suggests that inflation is anticipated to remain relatively mild both in the near and medium terms. There is no sense that inflation is going to come unanchored in either direction.
Disclaimer: Whetstone Analysis provides commentary as a service to its subscribers. Whetstone Analysis is not responsible for, and expressly disclaims all liability for, damages of any kind arising out of use, reference to, or reliance on any information contained within the site. While the information contained within the site is periodically updated and every effort is made to ensure its accuracy, no guarantee is given that the information provided in this Web site is correct, complete, and up-to-date. Click here to read our full Disclaimer.