TREE NEWS reports: The Federal Reserve reported that U.S. consumers’ one-year inflation expectations held steady at 3.6% in August. The three-year expectation eased to 3.2% from 3.3% previously, while the five-year expectation remained unchanged at 3.0%. The data suggest inflation expectations remain anchored as the Fed weighs policy.
US Aug NY Fed 1-yr inflation expectations steady at 3.6%
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