/biz/ - Business & Finance

The regional Fed bank said in its November Survey of Consumer Expectations that one year from now, respondents see inflation running at a 5.2% rate, down from 5.9% in the last survey. That’s the largest month-to-month decline on record, the bank said.

Three years from now, consumers see inflation running at a 3% rate, down slightly from 3.1% in October.

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until the stockmarket starts reflecting reality again instead of speculation and hype.