NY Fed Survey Inflation Expectations Make Mockery Of UMich Propaganda | ZeroHedge
We have repeatedly said that the UMichigan survey – skewed ridiculously higher by the laughably outlier opinions of Democrats…
… has become a politicized farce (one overseen by rabid marxist professors with TDS such as Justin Wolfers, who at $600K per year, is rather generously overpaid for a communist). Moments ago the latest NY Fed Consumer Expectations Survey confirmed as much, when it not only reported that 5Y inflation expectations declined to 2.9% from 3.0%, the lowest since (more…)