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NY Fed – Consumers Expect Lower Short- and Medium-Term Inflation

Federal Reserve Bank of New York – “The August 2015 Survey of Consumer Expectations results indicate that median inflation expectations decreased slightly at both the one-year ahead and the three-year ahead horizons. Median expected one-year ahead earnings growth remained stable at 2.4 percent, while both perceived layoff and job finding probabilities improved slightly. Median expected household income growth increased slightly but expected household spending growth remained flat at its series low.”

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