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NY Fed inflation expectations: Three-year inflation expectations 2.9% vs 2.7% prior

  • One yr inflation 3.0% vs 3.0% prior
  • Three yr inflation expectations 2.9% vs 2.7% prior
  • 5 yr inflation 2.6% vs 2.9% prior
  • Anticipated house value improve 3.0% vs 3.0% prior

The three-year quantity has sequentially moved from 2.4% to 2.7% to 2.9% in a worrisome signal however the drop within the five-year may inform the Fed it is simply noise. I’m wondering if the 1-year begins ticking up with oil costs.

Different headlines:

  • 12 months forward anticipated wage progress +2.8% vs +2.8% prior
  • Worry of lacking debt funds was highest in 4 years
  • Family view of private funds improved modestly in March

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

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