-
Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
EM Policy
EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM EM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
Commodities
Real-time insight of oil & gas markets
-
Credit
Credit
Real time insight of credit markets
-
Data
-
MNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
-
About Us
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI POLICY: Fed Poll: Odds of Finding New Job Least Since 2014
U.S. consumers were the most pessimistic about their ability to find another job since 2014, a view shared broadly across demographic groups, the New York Federal Reserve's consumer survey showed Monday.
The figure declined to 46.2% in December from 47.9% in November, well below the 2019 average of 59.9%. The share of people who said their job was at risk increased to 15% from 14.6%, while expected wage gains remained at 2% for a fifth straight month.
Views that the job market won't improve over the next year held in place in the report. There was a 38.9% chance, on average, that the unemployment rate will be higher a year from now, in line with the trailing 12-month average.
Respondents' views on how spending might change over the next year fell from November's 4-year peak of 3.7% to 3.4%, the New York Fed said.
Last year's exodus to bigger suburban houses may have shown up in expected housing prices, now the highest since the summer of 2018. The New York Fed said median home price change expectations increased to 3.6% from 3.0% in November. Expectations have been on an upward trend since reaching a record low of 0% in April.
Median inflation expectations over a three-year horizon increased for the second consecutive month to 3.0% from 2.8% in November, matching the highest reading in 2020 set in August. At the one-year horizon expected inflation was unchanged at 3.0%.
The survey of consumer expectations is a monthly poll conducted on a rotating panel of 1,300 households.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.