NY Fed survey: Credit delinquency expectations rise to highest since April 2020

  • New York Fed consumer expectations survey
Empire state building
  • One year inflation unchanged at 3.0%
  • Three-year inflation 2.7% vs 2.5% prior
  • Five year inflation 2.9% vs 2.8%
  • Credit delinquency expectations rise to highest since April 2020
  • Perceived probability of losing job unchanged at 13%
  • Median home price rise 3.0% vs 3.1% prior
  • Expected year-ahead spending and income growth unchanged
  • Expected earnings growth dipped to 2.8% from 2.9%

There isn't much here to move markets but the inflation numbers are modestly positive for the US dollar.

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