Mohamed A. El-Erian
Mohamed A. El-Erian

@elerianm

2 تغريدة 4 قراءة May 14, 2023
The University of Michigan survey data disappointed on both US consumer sentiment and long-term inflation expectations.
At the headline level, look for this to fuel some #stagflation worries.
At a deeper level, think of the sentiment measure as inherently volatile. #Inflation
The interest rate reaction to this surprising inflation news: higher across the board and a more inverted curve.

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