The US Fed and consumers have very different expectations about the future.
Americans change their price forecasts little based on current-year figures, but brace for higher inflation when they sense a long-term trend toward ballooning government debt.
Policy makers may be disappointed with the stimulative effects of the CARES Act’s direct relief.
Can experts win back the public’s trust?
Voters on both sides are convinced their candidate will win—and that the economy will suffer if he doesn’t.