Median inflation expectations increased at the medium-term horizon and remained unchanged at the short-term horizon, the Federal Reserve Bank of New York noted in its latest Survey of Consumer Expectations. Additional takeaways “Median inflation expectations remained unchanged in December at the one-year horizon at 3.0%.” “In contrast, median inflation expectations at the three-year horizon increased for the second consecutive month, from 2.8% in November to 3.0% in December.” “Median one-year ahead expected earnings growth remained unchanged at 2.0% in December.” “The mean perceived probability of losing one’s job in the next 12 months increased slightly from 14.6% in November to 15.0% in December.” “Median expected household income growth increased by 0.1 percentage point to 2.2% in December.” “Median household spending growth expectations decreased from its recent peak of 3.7% in November to 3.4% in December.” Market reaction The US Dollar Index showed no immediate reaction to this publication and was last seen gaining 0.52% on the day at 90.57. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Gold Price Analysis: XAU/USD flat around $1850 despite fundamental headwinds FX Street 11 months Median inflation expectations increased at the medium-term horizon and remained unchanged at the short-term horizon, the Federal Reserve Bank of New York noted in its latest Survey of Consumer Expectations. Additional takeaways "Median inflation expectations remained unchanged in December at the one-year horizon at 3.0%." "In contrast, median inflation expectations at the three-year horizon increased for the second consecutive month, from 2.8% in November to 3.0% in December." "Median one-year ahead expected earnings growth remained unchanged at 2.0% in December." "The mean perceived probability of losing one's job in the next 12 months increased slightly from 14.6% in November to 15.0% in… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
