Short-term inflation expectations in the US are rising, potentially reaching 3% in the next year.

Mars Finance reports that traders expect consumer inflation in the United States to accelerate over the next 12 months as the Iran conflict continues. Refinitiv data shows that inflation swap market bets reflect an expected inflation rate of about 3% over the next year, higher than the approximately 2.4% level at the end of February. The market indicates that inflation concerns are mainly focused on the short term, while expectations for the 12-month inflation rate starting one year from now remain relatively moderate at around 2.4%.

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