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US Inflation Expectations Highest Since 2013, Gas Prices Skyrocket, Supply Chains Buckle

Technology Manias – EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Americans are still concerned about dealing with inflation, as the cost of goods and services has continued to rise significantly in a short period of time. The Federal Reserve has published the latest Survey of Consumer Expectations report and U.S. households believe inflation will be up 5.3% one year from now. In addition to the dreary economic outlook, gas prices across the U.S. have skyrocketed up more than $1 from a year ago. New York Fed’s Survey of Consumer Expectations Continues to Look Gloomy After 2020’s massive monetary expansion, in…

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