The Kobeissi Letter: U.S. Bipartisan Inflation Expectations Show Record Largest Divide

TechFlow, May 16 — According to Kobeissi Letter, the gap in inflation expectations between the U.S. Democratic and Republican parties has reached a record high. Democrats expect inflation over the next 12 months to reach as high as 9.6%, three times the level after 2020; Republicans, however, expect only 1.2%, resulting in an eightfold difference between the two parties.