Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
U.S. inflation expectations were mixed in May, according to the New York Fed's survey of Survey of Consumer Expectations, while the share of those expecting to be financially better off reached the highest level since mid-2021.
Median inflation expectations at the one-year horizon declined a tenth to 3.17% in May, while at the three-year horizon expectations were unchanged at 2.76%. Expectations at the five-year horizon increased two tenths to 3.00%. (See: MNI INTERVIEW: Fed Set For One Or Two Cuts This Year - Bullard)
Mean unemployment expectations—or the mean probability that the U.S. unemployment rate will be higher one year from now—increased to 38.6% from 37.2%, and is now above the 12-month trailing average of 37.8%.
Source: New York Fed
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.