Here’s the Most Important Chart in the World That No One is Talking About

by Myles Udland
Business Insider

Actual and expected inflation are diverging.

Over the last couple of years, the idea of inflation expectations remaining “anchored” has been a cornerstone of the Federal Reserve’s reluctance to raise interest rates.

Low rates, at heart, are really about pulling demand forward to engineer economic growth.

Amid flagging economic growth and tepid inflation readings, market expectations for future inflation have plunged.

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