Subscribe To
NY Fed survey: Year-ahead inflation expectations fall to lowest since July 2021
- One-year ahead inflation expectations 5.0% vs 5.2% in Nov
- Three-year inflation steady at 3%
- Five-year inflation expectations 2.4% vs 2.3% prior
- Expected household income rise 4.6% -- a record
- Expected household spending rise 5.9% vs 6.9% prior
The income number will give the Fed some pause, but over all this is good for the peak inflation narrative and Fed credibility on inflation.
This article was written by Adam Button at... Read More
Posted: Jan 9 2023, 16:02
Author Name: forexlive
Views: 110681
