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Fed survey: 1Y inflation outlook rises to 3.9%, highest since May 2023

The New York Fed's Survey of Consumer Expectations showed the median one-year-ahead inflation forecast increasing to 3.9%.

Original · CNBC AI summary of public reporting

Why: Higher inflation expectations → rate cut doubts

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At publication → Current
SP5007,768 → 7,811+0.6%
para:10Y— → ——
TLT76.98 → 77.96+1.3%
Fed survey: 1Y inflation outlook rises to 3.9%, highest since May 2023 | SignalHub