The New York Fed survey on inflation and consumer sentiment shows:
June year-ahead expected inflation at 3.0%, down from May's 3.2%
Three-year-ahead expected inflation unchanged at 3.0%
Five-year-ahead expected inflation unchanged at 2.6%
Home price rise expectations unchanged at 3%
Expectations for prices of rent, gas, medical care, and college accelerated in June
Households more optimistic in June on personal finances and credit access
Labor market expectations improved in June
Somewhat good news from the New York Fed consumer survey prices and consumer optimism
