Make Me Smart

Inflation's self-fulfilling prophecy

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Apr 25, 2025
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INSIGHT

Rising Inflation Expectations Trouble Fed

  • Americans expect inflation to rise to 6.5% this year, the highest since 1981.
  • These inflation expectations may actually worsen inflation, troubling Federal Reserve Chair Powell.
INSIGHT

Powell Controls Controllable Inflation Factors

  • Fed Chair Powell focuses on controlling what he can amidst inflation sources beyond his control.
  • Consumers' expectations and external factors limit the Fed's influence, complicating inflation control.
ANECDOTE

Kimberly's Horror Movie Escape

  • Kimberly Adams shared a personal story of fleeing a horror movie at age 18 due to fear.
  • This highlights her high threshold for scary content despite her interest in Ryan Coogler's film.
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