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Old 05-09-2022, 12:14 PM
parkplace33 parkplace33 is offline
Drew W@i$e
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https://www.cnbc.com/2022/05/09/infl...vey-shows.html

Consumers grew a little more optimistic about inflation in April, though they still expect to be spending considerably more in the year ahead, a Federal Reserve survey released Monday shows.

Inflation expectations over the next year fell to a median 6.3%, a 0.3 percentage-point decrease from the record high in March, according to data going back to June 2013. On a three-year basis, expectations rose 0.2 percentage point to 3.9%, which itself is 0.3 percentage point off the record.

The data comes with 12-month inflation in March running at 8.5%, the highest level since December 1981. April consumer prices are due to be reported on Wednesday.


Lets see what is released on Wednesday.

I do expect more card price volatility this summer, ultimately trending downward. I think for the average collectors, cards are not going to be a priority for the next few months.

Last edited by parkplace33; 05-09-2022 at 12:15 PM.
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