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Monday, September 11, 2017

New York Fed survey shows inflation expectations continue to flounder

One-year inflation expectations at lowest since January 2016 Not even higher gas prices could convince US consumers that inflation is coming. The monthly from the New York Fed showed year-ahead expectations down to 2.49% from 2.54% in July. The three-year measure fell to 2.62% from 2.71%.
New York Fed survey shows inflation expectations continue to flounder

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