1-year inflation expectation: 4.6%
US consumer sentiment: 48.1The US consumer expectation has spiked to 4.6% and this causes the US consumer sentiment to drop to 48.1 points.The US consumer expectation and consumer sentiment have a strong inverse relationship because the US consumers don't feel good about their future when the inflation is rising and may curtain their big ticket item purchases or frontload their essential purchases.
Let's see how this will pan out in the future.


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