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    US inflation expectations falling - ANZ Ross J Burland

    Analysts at ANZ explained that while consumer confidence in the US lifted, it was notable that inflation expectations 5-10 years out fell to an all-time low of 2.3% from 2.5%.Key Quotes:"Now, consumer measures of inflation expectations tend to more closely reflect wage expectations as opposed to inflation expectations gauges per se.""However, the drop is notable (if we step beyond the obvious fall to an all-time low) as it occurred amidst a) rising gas prices; and b) encouraging signs of a lift in wage growth in the US."

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