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⚠️ NY FED: **MAY ONE-YEAR AHEAD EXPECTED INFLATION AT 3.2% VS APRIL’S 3.3% **MAY THREE-YEAR AHEAD EXPECTED INFLATION UNCHANGED AT 2.8% **MAY FIVE-YEAR AHEAD EXPECTED INFLATION AT 3% VS APRIL’S 2.8% **MAY EXPECTED HOME PRICE RISE UNCHANGED AT 3.3% **MAY EXPECTED YEAR-AHEAD…
New York Fed: one year inflation expectations down slightly to 3.2% from 3.3% https://t.co/8lYfCzL67K
NY Fed inflation expectations survey.. 3.2% 1yr 2.8% 3yr 3.0% 5yr https://t.co/YW5ho18o9z https://t.co/B1RgYgvik0
New York Federal Reserve's latest inflation expectations show a slight decrease in one-year ahead expected inflation to 3.2% from 3.3%, while three-year ahead expected inflation remains unchanged at 2.8%. Five-year ahead expected inflation has increased to 3% from 2.8%. The Fed also notes expectations of higher unemployment in the coming year.