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