The Federal Reserve Bank of New York’s latest Survey of Consumer Expectations revealed on Monday that median inflation expectations at the one-year and three-year horizons rose to 3.2% and 3.1%, respectively. Additional takeaways “Inflation expectations at both horizons have increased steadily over the past five months and they are now at their highest since mid-2014.” “Median one-year ahead expected earnings growth decreased 0.2 percentage point in March returning to 2.0%, the level at which it remained between July 2020 and January 2021.” “The mean perceived probability of losing one’s job in the next 12 months decreased from 14.2% in February to 12.8% in March, the lowest reading in almost three years.” “The median expected growth in household income increased by 0.4 percentage point to 2.8% in March, the highest level since January of last year.” Market reaction The US Dollar Index showed no immediate reaction to this publication and was last seen posting small daily losses at 92.10. 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 USD/CHF hits fresh three-week lows near 0.9200 FX Street 2 years The Federal Reserve Bank of New York's latest Survey of Consumer Expectations revealed on Monday that median inflation expectations at the one-year and three-year horizons rose to 3.2% and 3.1%, respectively. Additional takeaways "Inflation expectations at both horizons have increased steadily over the past five months and they are now at their highest since mid-2014." "Median one-year ahead expected earnings growth decreased 0.2 percentage point in March returning to 2.0%, the level at which it remained between July 2020 and January 2021." "The mean perceived probability of losing one's job in the next 12 months decreased from 14.2% in… Regulated 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.
