U.S. Consumers Better at Gauging Inflation, CBO Paper Says
A shopper carries a Calvin Klein Inc. at the Scottsdale Quarter shopping mall in Scottsdale, Arizona, U.S. (Photographer: Caitlin Ohara/Bloomberg)

U.S. Consumers Better at Gauging Inflation, CBO Paper Says

(Bloomberg) -- It turns out Wall Street can get a better handle on the inflation outlook by trusting ordinary Americans instead of listening to professional forecasters.
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