HomeLive CommentsNY Fed: 1-yr inflation expectation unchanged at 4.8%, 3-yr rose to 3.7%

NY Fed: 1-yr inflation expectation unchanged at 4.8%, 3-yr rose to 3.7%

Aug 09 21, 16:10 GMT

According to the July Survey of Consumer Expectations by the New York Fed, median one-year-ahead inflation expectations were unchanged at record 4.8%. Also, 3-year inflation expectation rose further from 3.6% to 3.7%, hitting the highest level since August 2013.