ICYMI - US consumer 3-year inflation forecasts decline to 2.8% in August<p>Some encouraging news out of the NY Fed overnight:</p><ul><li><a href="https://www.forexlive.com/centralbank/new-york-fed-1-year-consumer-inflation-expectations-hit-10-month-low-20220912/" target="_blank" data-article-link="true">New York Fed 1-year consumer inflation expectations hit 10-month low</a></li></ul><p>And the 3 year expectations fell to a near two-year low also. </p><p>For the next Fed meeting (September 20-21) however a 75bp rate hike is more or less locked in.</p>
This article was written by Eamonn Sheridan at forexlive.com.
Source: ICYMI - US consumer 3-year inflation forecasts decline to 2.8% in August (https://forexlive.com/centralbank/icymi-us-consumer-3-year-inflation-forecasts-decline-to-28-in-august-20220912/https://forexlive.com/centralbank/icymi-us-consumer-3-year-inflation-forecasts-decline-to-28-in-august-20220912/)
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