The November New York Fed survey of consumer expectations showed:
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November three-year-ahead expected inflation rate unchanged at 3%
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November five-year-ahead expected inflation rate unchanged at 3%
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U.S. households’ year-ahead expected inflation rate unchanged at 3.2% in November
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Households more pessimistic on current and future financial situations in November
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November year-ahead expected rise in medical costs highest since January 2014
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November home price rise expectation steady at 3%
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Labor market expectations improved in November
This article was written by Greg Michalowski at investinglive.com.
