NY FED: JUNE YEAR AHEAD EXPECTED INFLATION 3.7% VS. MAY’S 3.5% NY FED: JUNE YEAR AHEAD EXPECTED INFLATION HIGHEST SINCE SEPTEMBER 2023 NY FED: JUNE THREE-YEAR AHEAD EXPECTED INFLATION 3.3% VS. MAY’S 3.1% NY FED: JUNE FIVE-YEAR AHEAD EXPECTED INFLATION UNCHANGED AT 3% NY FED: JUNE THREE-YEAR AHEAD EXPECTED INFLATION HIGHEST SINCE JUNE 2022 NY FED: JUNE GAS PRICE EXPECTATIONS EASE TO LOWEST LEVEL SINCE AUGUST 2022 NY FED: HOUSEHOLDS MORE UPBEAT ABOUT CURRENT AND EXPECTED PERSONAL FINANCES NY FED: JUNE LABOR MARKET EXPECTATIONS IMPROVED *Walter Bloomberg (@DeItaone) / Twitter · 07-08 00:01
U.S. INFLATION EXPECTATIONS EDGE HIGHER The New York Fed said one-year inflation expectations rose to 3.7% in June from 3.5%, the highest since September 2023. Three-year expectations climbed to 3.3%, while five-year expectations held at 3.0%. Households also reported improved views on their finances, the labor market, and lower expected gasoline prices. *Walter Bloomberg (@DeItaone) / Twitter · 07-08 00:00
MARKETS STILL EXPECT FED HIKE Inflation expectations have eased to near the Fed's 2% target, helped by falling oil prices. Even so, markets continue to price in at least one Fed rate hike this year, with rates expected to stay elevated into 2027. Citi argues those expectations look increasingly out of sync with the latest economic data. *Walter Bloomberg (@DeItaone) / Twitter · 06-26 00:17