[U.S. Short-Term Inflation Expectations Rise, Market Bets Inflation Will Reach 3% in the Next Year] Odaily Planet Daily News – Traders anticipate that U.S. consumer inflation will accelerate over the next 12 months as the Iran conflict persists. Refinitiv data shows that bets in the inflation swap market reflect expectations of approximately 3% inflation over the next year, up from around 2.4% at the end of February. Market concerns about inflation are primarily focused on the short term. Expectations for the 12-month inflation rate starting a year from now remain relatively moderate, at about 2.4%. (Jin10)