Free Trial
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.
US
The jump in median inflation expectations (1-Year: 5.94% in Oct vs 5.44% Sep) in the NY Fed's consumer survey looks largely a result of a rebound in food and energy price expectations.
- 1Y median gas price expectations were +4.8% (after +0.5% in Sep) and +7.6% for food (vs 5.8% prior) - most other categories were fairly steady albeit at elevated levels vs pre-pandemic.
- Given the volatility of gas prices in particular, a single-month jump in expectations shouldn't be taken as a sign of de-anchoring.
- But the disinflationary impact on expectations of the drop in commodity prices since the start of the year may be behind us.
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok