Rising inflation expectations are bad news.

上升的通胀预期是火上浇油。

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The process could be hurried up if inflation expectations rise.

如果通胀预期提高，这一进程将会加速。

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Inflation expectations have edged up a little in recent months.

通胀预期在近几个月有所抬头。

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"The committee continues to anticipate that the economic conditions -- including low rates of resource utilization, subdued inflation trends and stable inflation expectations -- are likely to warrant exceptionally low levels for the federal funds rate for an extended period."

VOA: special.2011.04.29

Food price inflation "is exacerbating the challenge of monetary management in anchoring inflation expectations, " it said.

WSJ: India Central Bank Cuts Lending Rate

Malpass and Wesbury have been recommending that the Fed raise interest rates to curb inflation expectations.

FORBES: Magazine Article

Mr King and Monetary Policy Committee colleague Martin Weale said they were watching inflation expectations closely.

BBC: Petrol price hits record average 130p per litre