The New York Federal Reserve's July Survey of Consumer Expectations reported a rise in long‑term inflation expectations, with five‑year ahead expectations climbing to 2.9% from June’s 2.6%, and one‑year ahead expectations increasing to 3.1% from 3.0%.
- Five‑year ahead inflation expectations: 2.9% in July vs. 2.6% in June
- One‑year ahead inflation expectations: 3.1% in July vs. 3.0% in June
Relevant Companies
- None found
Editor’s Note: This is a developing story. This article may be updated as more details become available.
