Mumbai, Aug. 11 -- The Cleveland Fed's Survey of Firms' Inflation Expectations (SoFIE), released yesterday, offered quarterly insights into the inflation expectations of US business leaders. The average expected Consumer Price Index (CPI) inflation for the next 12 months 3.3%, the latest update for June quarter noted. This marked a modest decline compared to 3.7% in previous quarter.
Published by HT Digital Content Services with permission from Capital Market....