Monitor US Cleveland Fed Inflation Expectations to gauge wage pressure impacts on markets.
Anticipations of future inflation can lead to actual inflation, as employees often demand higher wages when they expect prices to increase.
What it Measures
The percentage by which business leaders predict the prices of goods and services will fluctuate over the next year.
Usual Effect
'Actual' results exceeding 'Forecast' are favorable for the currency.
Source & Frequency
Federal Reserve Bank of Cleveland (latest release) - https://www.clevelandfed.org/ • Published quarterly.
How Data is Derived
Survey of between 300 and 600 business managers which asks respondents where they expect prices to be 12 months in the future
Also Known As
Survey of Firms' Inflation Expectations
Acronym
N/A