Economist Mohamed El-Erian Predicts ‘Sticky’ Inflation Despite Federal Reserve’s Efforts to Bring it Down - As investors examine the next move of the Federal Reserve, analysts, economists an... - https://news.bitcoin.com/economist-mohamed-el-erian-predicts-sticky-inflation-despite-federal-reserves-efforts-to-bring-it-down/ #inflationaryexpectations #inflationaryprospects #universityofcambridge #financialconstraints #inflationarypressure #financialconditions #inflationtargeting #economics

For all the fearmongering about #InflationaryExpectations: "Inflationary expectations have also remained tame, which is consistent with our interpretation of the data."

https://www.newyorkfed.org/microeconomics/sce#/

Workers also aren't spending too much. While demand is up slightly, the evidence is that working people "treat
excess savings as wealth and spend it gradually over their lives."

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