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.
The New York Fed's median of one-year-ahead consumer inflation expectations declined for the third consecutive month, falling 0.3ppts to 3.8% in June, the lowest since April 2021. Five-year-ahead expectations rose 0.3ppts to 3%, the highest since March 2022.
Median inflation expectations three years ahead were unchanged at 3.0%. Home price expectations increased for the fifth consecutive month from 2.6% in May to 2.9% in June, the highest reading since July 2022.
Median household spending growth expectations declined from 5.6% in May to 5.2% in June, well below its 12-month trailing average of 6.4%, and the lowest reading since September 2021, the monthly NY Fed report said.
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.