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NY Fed Survey Finds 1-Year Inflation Expectations Drop To 5.0%, Lowest Since July 2021

With long-term inflation expectations (those 3-Years ahead or more) peaking more than a year ago, and even shorter inflation expectations – at least according to the NY Fed Survey of consumers – now sliding after hitting a record high 6.8% in June and dropping alongside 2Y breakevens which recently hit the lowest level in 2 […] Source
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