- Analytics
- News and Tools
- Market News
- NY Fed: One-year consumer inflation expectation declines to 5.2% in November
NY Fed: One-year consumer inflation expectation declines to 5.2% in November
The Federal Reserve Bank of New York's monthly Survey of Consumer Expectations showed on Monday that the US consumers' one-year inflation expectation declined to 5.2% in November from 5.9% in October, marking the biggest one-month decline on record.
Further details of the publication showed that the three-year ahead expected inflation edged lower to 3% from 3.1% in October and the five-year ahead expected inflation declined modestly to 2.3% from 2.4%.
Finally, the year-ahead increase in gasoline price is seen at 4.7%, down from 5.3% in October.
Market reaction
The US Dollar Index showed no immediate reaction to this report and was last seen posting small daily gains at 105.07.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
