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September 19, 2011 - Chief Economist Constance Hunter authors an EconoMonitor article discussing newly released CPI and PPI data:

"This week’s release of CPI and PPI confirmed our worst fears that inflation would persist despite a weak economy. A full 45% of people surveyed by Kathleen Hays’ show, The Hays Advantage, said that stagflation was the most likely economic outcome. Another 40% said inflation was most likely and only 10% thought disinflation would prevail. Another poll by Absolute Return Research (Exhibit 2) suggested that inflation, and not fears over future tax increases are the major drag on confidence. We note that neither TIPs nor the forward market indicate that inflation is a major worry, but that doesn’t mean it isn’t a fear that is impacting consumer behavior.”

 

Full Article:

http://www.economonitor.com/constancehunter/2011/09/19/perception-vs-reality-is-there-really-an-inflation-worry/

 

 

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