The New York Fed’s survey shows people expect inflation to hit 3.4% in a year. That’s up from an expectation of 3% in February, before the war in the Middle East started.
The personal consumer expenditures price index is one of the Fed’s favorite tools for tracking inflation.
Using its massive collection of e-shopping data, Google is working on an index that accounts for a daily measure of inflation. What is it? Ther…
