Inflation Expectations Tumble To 6-Month Lows, Labor Market Optimism Rebounds; NYFed
Despite the ongoing partisan panic over 'Trump-driven inflation' or whatever narrative-du-jour the mainstream media chooses, inflation expectations tracked by the NY Fed survey of Consumer Expectations dropped to six-month lows. inflation expectations tracked by the NY Fed survey of Consumer Expectations
Median inflation expectations in January declined by 0.3 percentage point at the one-year-ahead horizon to 3.1%and remained steady at the three-year and five-year-ahead horizons at 3.0%.
Additionally, median inflation uncertainty - or the uncertainty expressed regarding future inflation outcomes - decreased at the one-year and three-year-ahead horizons and increased at the five-year-ahead horizon.

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