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MNI: MNI: PHIL FED SURVEY: NEAR-TERM INFL............>

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MNI: MNI: PHIL FED SURVEY: NEAR-TERM INFL FORECASTS WEAKEN
FED SURVEY: 2019 CORE PCE EXPECTED AT 1.7%, DOWN 0.3PP
FED SURVEY: 2019 CORE CPI EXPECTED AT 2.1%, DOWN 0.2PP
FED SURVEY: PCE INFL OVER NEXT 10 YEARS UNCHANGED AT 2%
FED SURVEY: FORECASTERS LOWER NEAR TERM GROWTH EXPECTATIONS

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