FXStreet — The inflation expectations of consumers have fallen according to the latest survey by the Federal Reserve Bank of New York:
«The results in March show that both the short — and medium-term inflation have fallen expectations. The expectations of the labour market have improved in General. So the expectations to wage growth and the probability of Jobverlustes was on the decline. The rose is Likely that job seekers find a Job, on the other hand, the highest level since June 2013. The expectations of interest rate hikes and rising share prices in the US reached new record highs“.
** FXStreet News Editorial, FXStreet**