- NY Fed: Year-ahead expected inflation unchanged at 3% in December. UNCHNANGED
- December three-year-ahead expected inflation at 3% vs. 2.6% in November. HIGHER
- Five-year-ahead expected inflation at 2.7% in December vs. 2.9% in November. LOWER
- Expected home price rise at 3.1% in December vs. 3% in November. MODESTLY HIGHER
- December year-ahead expected food prices increased.
- December year-ahead expected gas price down, lowest since September 2022.
- Expected future income and earnings declined in December.
- Households’ view on personal financial situation improved in December.
- Chance of missing debt payment in December matches September 2024, April 2020 level.
This article was written by Greg Michalowski at www.forexlive.com.