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US Consumers Expect Lower Inflation and Slower Home Price Growth Over the Next Year
The Federal Reserve Bank of New York’s Center for Microeconomic Data today released the June 2024 Survey of Consumer Expectations, which shows that inflation expectations declined at the short- and longer-term horizons, but increased slightly at the medium-term horizon. Similarly, one-year-ahead expectations about home prices and one-year-ahead expectations about specific goods prices all declined. The main findings from the June 2024 survey are: Inflation Median one- and five-year-ahead inflation expectations both declined by 0.2 percentage point in June to 3.0% and 2.8%, respectively. In contrast, the median ... (full story)
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— Cable FX Macro (@cablefxmacro) July 8, 2024
*US 1-YR INFLATION EXPECTATIONS FELL TO 3% IN JUNE FROM 3.2%
*US 3-YR INFLATION EXPECTATIONS ROSE TO 2.9% IN JUNE AFTER 2.8%
*US 5-YR INFLATION EXPECTATIONS FELL TO 2.8% IN JUNE AFTER 3%
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- Posted: Jul 8, 2024 11:03am
- Submitted by:Category: Low Impact Breaking NewsComments: 0 / Views: 2,511
