US Consumer Inflation Expectations Surge Amid Economic Uncertainty.
China plans to increase spending on infrastructure projects by 17% this year to boost economic recovery. NY Fed President John Williams dismisses concerns over market slowdown in interest rates. Consumer inflation expectations rose for the first time since October, with respondents predicting a 4.75% increase. Hedge fund billionaire Paul Singer warns of "bubble securities" and "bubble asset classes". Net short positions in S&P e-mini futures among hedge funds hit their most bearish level since November 2011. Bitcoin rises above $30,000 for the first time since June 2022. Prices for commodities that power homes and fuel cars have come down in recent months, even as crude enjoys its longest streak of weekly gains all year.
- Consumer Inflation Expectations Rise For First Time Since October Benzinga
- US inflation expectations jump for first time in months, NY Fed survey shows Fox Business
- NY Fed raises one-year inflation expectations to 4.7% CNBC Television
- Fed's Kashkari: Recession possible, but high inflation would be worse Reuters
- Janet Yellen Says Inflation In US Still 'Too High', Ahead Of CPI Data CoinGape
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