U.S. Inflation Expectations Reach New High In February

According to BlockBeats, on February 24, the final estimate for the U.S. one-year inflation rate expectation in February reached 4.3%, marking the highest level since November 2023. Chicago Federal Reserve President Austan Goolsbee downplayed the significance of this data. In an interview on Sunday, Goolsbee remarked that while the figure is 'not good,' it represents only a single month's data, emphasizing the need for at least two to three months of data to draw meaningful conclusions.