In the weeks after the Federal Reserve raised interest rates in December, global financial markets trembled and inflation expectations, as measured by the bond market, declined significantly. Recently, market-based inflation expectation over the next five years fell to just 0.93 percent, the lowest level since the Great Recession.
http://www.cnbc.com/2016/04/12/the-us-faces-a-perfect-economic-storm-commentary.html
