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Inflation outlook tumbles to pre-tariff levels in latest University of Michigan survey

147d ago
Business
CNBC
Corporate environment
A recent University of Michigan survey indicates a significant drop in consumer inflation expectations, returning to levels seen before the imposition of tariffs. While concerns about future price increases persist, the survey suggests a diminishing fear of tariff-driven inflation. This positive shift in consumer sentiment could signal a period of economic stabilization, though ongoing monitoring of price trends remains crucial for assessing the overall economic outlook. The survey results offer a potentially reassuring sign for policymakers and businesses alike, suggesting that inflationary pressures may be easing.
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