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Year-ahead U.S. inflation expectations hit highest since May 2023
Seeking Alpha ·
Seeking Alpha reports: U.S. consumers' expectations for inflation over the next year rose to their highest level in more than three years in September, according to the Federal Reserve Bank of New York's Survey of Consumer Expectations, as posted by Daily Chartbook. The median one-year inflation expectation rose to 3.9% in September, up 0.3 percentage point from the previous month. Three-year inflation expectations stood at 3.3%, while five-year expectations were 3.0%. The chart notes that…
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