NY Fed Survey Finds Household Income Expectations Plunge Most On Record As Inflation Seen Extending Drift Lower
February 13, 2023 at 12:30 PM EST
With long-term inflation expectations (those 3-Years ahead or more) peaking more than a year ago, and even shorter inflation expectations – at least according to the NY Fed Survey of consumers – now sliding after hitting a record high 6.8% in June, we have seen a marked bounce in 2Y breakevens in recent weeks, which […] Source