NY Fed 1-year inflation expectations tick higher
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- year-head at 3.63% vs 3.58% prior
- Three-year inflation +3.2% vs 3.0% prior
- Five-year inflation +2.7% vs 2.9% prior
- Three-year ahead expected inflation highest since July 2022
- Measures of labor market, income and earnings expectations all declined
That last bullet point is worrisome.
This article was written by Adam Button at www.forexlive.com.
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