The monthly New York Fed inflation expectations survey is out:1-year inflation seen at 3.0% vs 3.0% priorThree year inflation seen at 2.4% vs 2.6% priorFive year inflation seen at 2.5% vs 2.5% priorMedian expected home price change 3.0% vs 3.0% priorFeed rise expected lowest since March 2020Gasoline price expected lowest since Dec 2022The consumer mood on inflation is certainly improving and that should clear the way for lower rates at some point. This article was written by Adam Button at www.forexlive.com.
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