US New York Fed 1-Year Inflation Expectation at 3.58% in August, Down from 3.63%
Odaily News: The New York Fed's 1-year inflation expectation for August in the US was 3.58%, down from 3.63% previously.
The New York Fed stated that expectations for a rise in the unemployment rate strengthened, and labor market expectations in August were "mixed." The 3-year inflation expectation for August was 3.2%, lower than July's 3.3%. (Jin Shi)
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