High inflation expected till 2024 

Source: https://www.thestreet.com/investing/economists-expect-inflation-to-remain-high-through-2024
Source: https://www.thestreet.com/investing/economists-expect-inflation-to-remain-high-through-2024

Helium Summary: A National Association for Business Economics survey indicates that inflation could persist until 2024 [The Street].

inflation expectations among consumers and markets seem to have diverged, with the former anticipating higher inflation while the latter sees it declining [Market Watch].

South Korea's inflation expectations decreased due to higher interest rates [bignewsnetwork.com].


May 27, 2023



Perspectives

Economists' View


Economists expect inflation to persist through 2024, supported by the survey results [The Street]

Consumer Views


Consumer expectations show an anticipated rise in the cost of living [Market Watch]

Market Views


Markets expect a decline in inflation, with the five-year breakeven inflation rate at a 28-month low [Market Watch].





Q&A



How long is inflation expected to persist?

Inflation could remain persistent until 2024, according to a National Association for Business Economics survey [The Street].


What do consumer and market inflation expectations look like?

Consumers expect a rise in the cost of living, while markets anticipate a decline in inflation [Market Watch].



News Media Bias (?)


The cited sources cover a range of perspectives from economists, consumers, and market data, providing a balanced and comprehensive view of inflation expectations.

No specific bias or sensationalism is detected [The Street][bignewsnetwork.com][Market Watch].



Context


The sources discuss inflation expectations from various viewpoints while presenting survey data, consumer expectations, and market indicators. Factors such as interest rates and global economic trends are also considered.



Takeaway


Inflation expectations for consumers and markets seem to be heading in opposite directions, creating uncertainty about future economic conditions through 2024.



Potential Outcomes



1) Inflation remains persistently high through 2024 (survey-supported) [The Street].

2) Consumers' high inflation expectations come true [Market Watch].

3) Market predictions of declining inflation materialize [Market Watch].

4) Divergence between consumer and market expectations narrows.



Discussion:



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