The New York Fed’s 1-year inflation expectations reading for September was reported at 3.9%, above the 3.64% market expectation and higher than the previous reading of 3.58%. BlockBeats published the update on Oct. 7 as a 7x24 flash item. The release points to a month-over-month increase in short-term inflation expectations based on the figures provided. No additional details were included in the brief.
According to BlockBeats on Oct. 7, the New York Fed’s 1-year inflation expectations reading for September stood at 3.9%, compared with a market expectation of 3.64% and a previous reading of 3.58%.
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