One-year inflation expectations hit the highest since 2023 in New York Fed survey

Highlights of the latest NY Fed survey: Three-year inflation expectations 3.3% vs 3.1% prior -- highest since June 2022 Five year inflation expectations unchanged at 3% Gasoline price expectations ease to lowest since Aug 2022 Households more upbeat about current and expected personal finances Labor market expectations improved Well this is decisively hawki…

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