Fed survey: Short-term inflation expectations in US falls sharply

Short-term inflation expec- tations in the United States declined sharply in February, according to a survey released Monday by the US Federal Reserve.

At the one-year-ahead horizon, the median inflation expectations dropped by 0.8 percentage points to 4.2 percent, showed the Fed’s February 2023 Survey of Consumer Expectations.

While the three-year-ahead expectations remained at 2.7 percent, the five-year-ahead measure increased by 0.1 percentage points to 2.6 percent, according to the survey.

“Expectations about yearahead price increases for gas, food, cost of rent, college education, and medical care all declined,” it said. “Labor market expectations improved, with un- employment expectations and perceived job loss risk decreasing and job finding expectations increasing.”

However, the expectations for voluntary job quits reached the highest level since the start of the coronavirus pandemic, as households’ perceptions and expectations for current and future financial situations both improved, it

In stressing that more knowledge, more information, and more practice on “duck, cover and hold” safety reminder is needed to educate the on earthquake scenarios:

“Yes, definitely we need more drills. Gusto ko i-commend ang mga bata bright kaayo sila and they follow diligently. SIla yung mag duck, cover and hold kasi regular yung sa school while ang mga mama nagkaratol na ug dagan sa gawas. Sana sa house regular yung parents to join. We do that in the offices. Sa school puwede nila gawin more often than the quarterly kaya mas bright ang mga bata. Yung magpanic normal naman yun specially pag kulang tayo sa kaalaman. Pag hinay ang linog ayaw sa ug dagan.”

Consultant

Reporter

“What would life be if we had no courage to attempt anything?” - VOLTAIRE.

*******

Brazen. Outrageous. Brutal. Barbaric. Atreocious. Murderers. Killers.

All the above are not even sufficient to aptly describe the recent assassination of Negros Oriental Gov. Roel Degamo and several others in a daytime killing rampage occuring inside his own dwelling compound in Pamplona.

Several suspects have been rounded up, one already slain in a shootout with pursuing policemen and so much already has been written but still to be firmly determined and officially exposed is/are the identity/ies of the mastermind/s.

Much earlier before this killing spree on March 4, there was the highway ambush of Lanao Sur Gov. Bombit Adiong and his security escorts. Though wounded, Adiong survived the violent assault but not some of his men.