NY Fed 1-year inflation expectations tick higher ...Middle East

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NY Fed 1-year inflation expectations tick higher
year-head at 3.63% vs 3.58% priorThree-year inflation +3.2% vs 3.0% priorFive-year inflation +2.7% vs 2.9% priorThree-year ahead expected inflation highest since July 2022Measures of labor market, income and earnings expectations all declined

That last bullet point is worrisome.

This article was written by Adam Button at www.forexlive.com.

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