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New York Fed consumer survey: One-year inflation expectation 3.0% vs 2.9% previously


  • One-year inflation was previously expected to be 2.9% (a four-year low)
  • Three-year inflation was expected to be 2.6% vs. 2.5% previously
  • Five-year inflation was expected to be 2.9% against 2.8% previously

Other statistics:

  • Current household financial situation outlook stable
  • Respondents quickly cut their expectations of future government borrowing

The share of Americans who expect to be better off financially over the next year jumped in November to the highest level since February 2020 (maybe it's politics this)

This article was written by Adam Button at www.forexlive.com.



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