NY Fed inflation expectations: Three-year inflation expectations 2.7% vs 2.4% prior ...Middle East

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NY Fed inflation expectations: Three-year inflation expectations 2.7% vs 2.4% prior
One year inflation 3.0% vs 3.0% priorThree year inflation expectations 2.7% vs 2.4% priorFive year inflation 2.9% vs 2.5% prior (highest since August)Expected home price increase 3.0% vs 3.0% priorExpected year-ahead rent lowest since Dec 2020Consumers steady on expected income and earnings gains in FebThe rise in 3-year and 5-year inflation might get a few Fed members concerned but it looks more like the dip down in January was a blip. That may also correspond with gasoline prices, though you would think that would show up more in the 1-year number. This article was written by Adam Button at www.forexlive.com.

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