HomeLive CommentsNY Fed: Inflation expectation dropped to 2.8%, wage growth expectation rose

NY Fed: Inflation expectation dropped to 2.8%, wage growth expectation rose

ActionForex
By ActionForex

According to New York Fed’s February Survey of Consumer Expectations:

  • 1-year median inflation expectations dropped -0.2% to 2.8%.
  • 3-yer median inflation expectations dropped -0.2% to 2.8%.
  • Uncertainty regarding future inflation outcomes dropped slightly.
  • 1-year earnings growth expectation rose 0.1% to 2.5%.
  • 1-year Unemployment expectation dropped from 40.6% to 37.2%

Press release here.

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