Federal Reserve Board: Rising inflation expectations will become a 'roadblock to interest rate cuts'

BlockBeats reported that on March 26, the chairman of the Chicago Federal Reserve and the FOMC voting committee Goolsbee warned that there were signs that investors in the US bond market began to expect higher inflation, which would be a "major danger signal" and might disrupt the interest rate cut plan of interest rate makers. A week before Gulsby made the above remarks, a closely watched University of Michigan poll showed that long-term inflation expectations for American households had reached their highest level since 1993. Gulsby said, "If you see market-based long-term inflation expectations starting to change like the survey results of the past two months, I would consider this a significant danger signal that requires high attention