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NY Fed survey: January near-term expected inflation lower amid better job market views
- Americans expect inflation over the next year to be 3.1 percent, down from 3.4 percent in December, as reported by the Federal Reserve Bank of New York.
- Inflation expectations for three-year and five-year horizons remain steady at 3.0 percent, indicating a belief that price pressures will persist, according to the New York Fed's survey.
- The mean probability of losing a job in the next 12 months decreased to 14.8 percent, while the likelihood of finding a job rose to 45.6 percent, illustrating modest labor market improvements.
- The University of Michigan reported a decrease in year-ahead inflation expectations from 4.0 percent to 3.5 percent, marking the lowest level since January 2025.
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NY Fed survey: January near-term expected inflation lower amid better job market views
Americans were less worried about the direction of inflation and labor market prospects as of last month, although concerns about the state of their finances continued to mount, the Federal Reserve Bank of New York said in a report released on Monday.
·United Kingdom
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Expectations for the next three years remained stable, as did expectations for the five-year horizon, according to a survey by the New York branch of the US Federal Reserve.
·Brazil
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Coverage Details
Total News Sources10
Leaning Left0Leaning Right6Center1Last UpdatedBias Distribution86% Right
Bias Distribution
- 86% of the sources lean Right
86% Right
14%
R 86%
Factuality
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