October 15, 2024 15:14 GMT
US DATA: NY Fed Longer Term Inflation Expectations Lift In September
US DATA
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Inflation expectations in the NY Fed consumer survey for September were unchanged in the near-term but otherwise lifted, with the 5Y especially better tying in with readings seen in the U.Mich survey.
- 1Y: Unchanged at 3.0% having averaged 3% since June.
- 3Y: Increased from 2.54% to 2.66%, its highest since June.
- 5Y: Increased from 2.8% to 2.9%, its highest since May.
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