New York Fed Reports Inflation Expectations for September

According to Odaily, market sources indicate that the New York Federal Reserve's one-year inflation expectation for September stands at 3%, unchanged from the previous value of 3.00%. Data from the New York Fed reveals that consumers' inflation expectations for the next three years have risen to 2.7%, up from the previous 2.5%. Additionally, consumers' inflation expectations for the next five years have increased to 2.9%, compared to the prior 2.8%.