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New York Fed: Year ahead inflation expectations unchanged at 3% in December

  • 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.

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