NY Fed survey on consumer expectations: 1Y inflation exp. down slightly to 3.2% from 3.3% ...Middle East

The NY Fed survey showed:1 year inflation expectations falling to 3.2% from 3.3%3-year inflation expectations remains unchanged at 2.8%5-year inflation expectations rises to 3.0% from 2.8%in other details:home prices rise remained unchanged at 3.3%Expected year ahead stock price rise odds highest since May 2021Perceptions of current financial situation improved in May. Expectations rose that unemployment will be higher in a year.Perceptions of credit access unchanged in May This article was written by Greg Michalowski at www.forexlive.com.

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