The November New York Fed survey of consumer expectations showed:
Inflation expectations stays steady
November three-year-ahead expected inflation rate unchanged at 3%
November five-year-ahead expected inflation rate unchanged at 3%
U.S. households’ year-ahead expected inflation rate unchanged at 3.2% in November
Households more pessimistic on current and future financial situations in November
November year-ahead expected rise in medical costs highest since January 2014
November home price rise expectation steady at 3%
Labor market expectations improved in November
