​Inflation Expectations Rebound In September As Partisan Gaps In Sentiment Surge – Tyler Durden

Inflation Expectations Rebound In September As Partisan Gaps In Sentiment Surge After a hope-filled rebound in August, analysts expect UMich Sentiment in preliminary August data to show further improvements with inflation expectations flat. They were right in their prediction as the headline sentiment beat expectations (69.0 vs 68.5 exp), as did the current conditions and expectations sub-indices. Source: Bloomberg The gain was led by an improvement in buying conditions for durables, driven by more favorable prices as perceived by consumers. Year-ahead expectations for personal finances and the economy both improved as well, despite a modest weakening in views of labor…  — Continue at ZeroHedge News : Read More