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Market Extra: Consumers’ dashed hopes for an end to the pandemic are at risk of spilling over into higher inflation expectations for the next 12 months

Market Extra: Consumers' dashed hopes for an end to the pandemic are at risk of spilling over into higher inflation expectations for the next 12 months

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U.S. consumers’ dashed hopes for an end to the pandemic are at risk of morphing more broadly into higher inflation expectations over the next year. And that’s the biggest risk facing financial markets through mid-2022, according to Jefferies LLC economist Thomas Simons.

...read full article on Market Watch

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