And if you look at a common
gauge of future
inflation expectations — the difference between the yield on long - term Treasury bonds and that of Treasury Inflation - Protected Securities, now about 1.8 to two percentage points — investors apparently believe inflation will continue to mosey along at a relatively sluggish rate well into th
inflation expectations — the difference between the yield on long - term Treasury bonds and that of Treasury
Inflation - Protected Securities, now about 1.8 to two percentage points — investors apparently believe inflation will continue to mosey along at a relatively sluggish rate well into th
Inflation - Protected Securities, now about 1.8 to two percentage points — investors apparently
believe inflation will continue to mosey along at a relatively sluggish rate well into th
inflation will continue to mosey along at a relatively sluggish rate well into the future.
Many Fed officials
believe the best way to measure whether their efforts to keep
inflation at bay are working is to look at measures of underlying
inflation, because that is a better
gauge of where
inflation is headed.