Key Takeaways Consumers expect inflation to get worse, according to surveys, but many economists and Fed officials are optimistic that it will ease.A relatively tame inflation report in September gave ammunition to inflation optimists,

The Government’s willingness to allow the Bank of Japan policy space will be key to anchoring inflation expectations and avoiding excess exchange rate volatility,” Bessent posted on X shortly before flying out of Tokyo with US President Donald Trump for meetings in South Korea.