- Prior was 69.7
- Present circumstances 83.3 vs 73.3 prior
- Expectations 75.9 vs 66.4 prior
- One -year inflation 2.9% vs 3.1% prior
- 5-year inflation 2.8% vs 2.9% prior
I’ve no love for this survey however it’s nonetheless a market mover. The US greenback is ignoring the headlines (that are nonetheless means under pre-pandemic norms) however is concentrated on the inflation numbers, which are actually under 2020 ranges. The Fed watches the inflation expectations survey and it corresponds with different surveys.
It is a political survey:
This text was written by Adam Button at www.forexlive.com.
