New York Fed May consumer expectations: Year-ahead inflation seen at 3.2% vs 3.6% prior ...Middle East

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New York Fed May consumer expectations: Year-ahead inflation seen at 3.2% vs 3.6% prior
Three-year ahead expected inflation 3.0% vs 3.2% priorFive year inflation 2.6% vs 2.7% priorHome price rise seen at 3.0% vs 3.2% priorFood prices seen +5.5% -- highest since Oct 2023Outlook on job market improved in MayExpectations of missing debt payments fellFull report

This is a good sign for the Fed but they have been nearly unanimous that they won't cut rates until the tariff uncertainty has cleared.

This is also a notable signal for stock markets:

    The mean perceived probability that U.S. stock prices will be higher 12 months from now increased by 0.6 percentage point to 36.3%, remaining well below the trailing 12-month average of 38.7%.

    These tend to be a counter-indicator so a bearish stance from the public should be bullish.

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

    Hence then, the article about new york fed may consumer expectations year ahead inflation seen at 3 2 vs 3 6 prior was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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