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New York Fed survey on inflation: Year ahead inflation falls to 5.2% from 5.9% last month

New York Fed survey on inflation: Year ahead inflation falls to 5.2% from 5.9% last month

The NY Fed is out with surveyed results on inflation and they are positive but still elevated:

  • Year ahead expected inflation falls to 5.2% from October's 5.9%
  • Expected inflation marks record month to month decline in November
  • three year ahead expected inflation at 3% versus 3.1% in October
  • five year and expected inflation ebbs to 2.3% from 2.4% last month
  • expected home price rise weakest since May 2020 of 1%
  • expected household income gain rec... Read More
Posted: Dec 12 2022, 16:03
Author Name: forexlive
Views: 110718

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