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NY Fed one-year inflation expectations rise to 3.4% from 3.0%

ny fed one year inflation expectations rise to 3.4% from 3.0%
  • One-year inflation 3.4% vs 3.0% prior
  • Three-year inflation 3.1% vs 3.0% prior
  • Five-year inflation unchanged at 3.0%
  • Year-ahead gasoline price inflation at the highest since 2022
  • Expected house price index rise 3.3% vs 3.0% prior
  • Households more pessimistic about current and future financial situations

This is obviously going in the wrong direction but it’s not an alarmist kind of number.

This article was written by Adam Button at investinglive.com.

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