Economic recovery is to rising aggregate demand as inflationary expectations are to what?

Economic recovery is often linked to rising aggregate demand because when people and businesses start spending more money, it boosts the economy. Inflationary expectations relate to how people believe prices will change in the future. When people expect prices to rise, they may spend more now rather than later, which can increase demand. This increase in demand can further push prices up, creating a cycle of rising prices and expectations. For example, if consumers expect that the cost of groceries will go up next month, they might buy more groceries this month, which contributes to higher demand and can lead to actual price increases.