US economic data continues to surprise -- and just now it's on the downside. Reflecting both current and future expectations, February consumer sentiment came in at 76..2, down from the prior month's 79.0 and also below consensus expectations of 80.9. Less visible yet notable: Inflation expectations for the next year rose by 0.3 percentage points to 3.3%. They were unchanged at 2.7% for the longer-term. #economy #markets #inflation …see more