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Posted 4 hours ago
US Consumer Inflation Expectations Rose in June, NY Fed Survey
US consumers' near and medium-term inflation expectations increased in June, driven by anticipated rises in medical care and rent costs, according to the New York Federal Reserve survey. Rising inflation expectations typically weigh on USD as markets price in potential Fed policy adjustments, affecting USD pairs across the board.
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4 hours ago
NY Fed June survey shows rising near-term inflation expectations
The New York Fed's survey in June revealed near-term inflation expectations increased, signaling growing consumer and market concern about price pressures. This data supports a higher-for-longer rate environment narrative, strengthening USD across major pairs as markets price in sustained Federal Reserve restrictiveness versus dovish central banks.
https://finance.yahoo.com/economy/policy/articles/ny-fed-survey-reports-rising-150354569.htmlReplies
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