The Federal Reserve Bank of New York's latest Survey of Consumer Expectations showed on Monday that the US consumers' one-year inflation expectation held steady at 3% in March.
Key takeaways
"Three year ahead expected inflation 2.9% vs. Feb's 2.7%."
"Five year ahead expected inflation 2.6% vs. Feb’s 2.9%."
"Year ahead expected home price rise unchanged at 3%."
"Bigger year ahead rises expected for food, gas, rent, medical costs."
"Year ahead expected earnings growth steady at 2.8%."
"Fear of missing debt payment highest in four years."
"Household view on personal finances improved modestly in March
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
Hot
No comment on record. Start new comment.