Home News UMich Inflation Expectations Soar to Highest Since 2008 as Democrats Confidence Slumps

UMich Inflation Expectations Soar to Highest Since 2008 as Democrats Confidence Slumps

January 10, 2025

After ‘current conditions’ surged higher in December – on Trump optimism – analysts expected confidence to remain high in preliminary January sentiment data from UMich.

But the data was mixed with Current Conditions soaring further (highest since April) while expectations dropped (lowest since July), dragging the headline down modestly…

[…] Democrats continue to get more depressed as Republicans’ sentiment continues to rise…

[…] Most problematically, inflation expectations soared with the 5-10Y horizon surging to its highest since 2008…

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