Fox is reporting: Iran could attack Israel in less than 24 hours

The Federal Reserve Bank of New York’s Center for Microeconomic Data today released the July 2024 Survey of Consumer Expectations, which shows that inflation expectations were stable at the short- and longer-term horizons, but fell sharply at the medium-term horizon to a new series low. Labor market expectations were mixed, with respondents expecting lower earnings growth and a lower likelihood of finding a new job within three months if they were laid off. Delinquency expectations continued their upward trend in July and have risen to the highest level since April 2020. The main findings from the July 2024 Survey are: Inflation • Median one- and five-year-ahead inflation expectations were unchanged in July at 3.0% and 2.8%, respectively. Conversely, median three-year-ahead inflation expectations declined sharply by 0.6 percentage point to 2.3%, hitting a series low since the survey’s inception in June 2013. This decline was most pronounced for respondents with a high-school education or less and those with annual household income under $50,000. post: US 1-YEAR INFLATION EXPECTATIONS HOLD AT 3% IN JULY: NY FED US 5-YEAR INFLATION EXPECTATIONS HOLD AT 2.8% IN JULY: NY FED post: NY FED: US 3-YEAR INFLATION EXPECTATIONS FALL TO SERIES LOW OF 2.3% IN JULY.

The Monthly Treasury Statement of Receipts and Outlays of the United States Government (MTS) is prepared by the Bureau of the Fiscal Service, Department of the Treasury and, after ...