NY Fed: Year-ahead expected inflation rises to 4.7% in March from 4.2% in February

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NY Fed: Year-ahead expected inflation rises to 4.7% in March from 4.2% in February
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NY Fed: Year-ahead expected inflation rises to 4.7% in March from 4.2% in February – by MSalordFX Fed Inflation UnitedStates

of New York's monthly Survey of Consumer Expectations showed on Monday that the US consumers' one-year inflation expectation rose to 4.7% compared to 4.2% in February, the lowest level since May 2021.

"Credit access perceptions deteriorated, with the share of households reporting that it is harder to obtain credit than one year ago rising and reaching a series high", added the report. Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.

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