– Shorter-term break-even inflation rates have dropped to their lowest levels of the year.
– This movement implies market expectations for persistent inflation continue to dwindle, even amid the strongest Consumer Price Index and Producer Price Index readings of the economic cycle.
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Source:
LPL Research, Bloomberg 08/13/18
Important Disclosures:
The economic forecasts set forth in this material may not develop as predicted.
The opinions voiced in this material are for general information only and are not intended to provide or be construed as providing specific investment advice or recommendations for any individual security.
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