本文发表在 rolia.net 枫下论坛Consumer confidence tumbled to its lowest in 28 years this month, a survey showed on Friday, as short-term inflation expectations reached the highest levels since the stagflationary early 1980s.
The Reuters/University of Michigan Surveys of Consumers' preliminary index of confidence fell to 59.5 in May, the lowest since June 1980. In April it was at 62.6.
"Consumer confidence continued to slip in early May due to surging food and fuel prices," the Surveys of Consumers statement said. "Record numbers of consumers viewed the economy in recession and saw little hope of recovery anytime soon."
One-year inflation expectations surged to 5.2 percent -- the highest since February 1982 -- from 4.8 percent in April.
Also worrying for policy-makers at the Federal Reserve, five-year inflation expectations hit the highest since August 1996, edging up to 3.3 percent from April's 3.2 percent.
The inflation measures challenge the Fed's view that soaring commodity prices have not yet led to an increase in long-term expectations for price growth.更多精彩文章及讨论，请光临枫下论坛 rolia.net
The Reuters/University of Michigan Surveys of Consumers' preliminary index of confidence fell to 59.5 in May, the lowest since June 1980. In April it was at 62.6.
"Consumer confidence continued to slip in early May due to surging food and fuel prices," the Surveys of Consumers statement said. "Record numbers of consumers viewed the economy in recession and saw little hope of recovery anytime soon."
One-year inflation expectations surged to 5.2 percent -- the highest since February 1982 -- from 4.8 percent in April.
Also worrying for policy-makers at the Federal Reserve, five-year inflation expectations hit the highest since August 1996, edging up to 3.3 percent from April's 3.2 percent.
The inflation measures challenge the Fed's view that soaring commodity prices have not yet led to an increase in long-term expectations for price growth.更多精彩文章及讨论，请光临枫下论坛 rolia.net