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

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 2020Perceived probability of losing job unchanged at 13%Median home price rise 3.0% vs 3.1% priorExpected year-ahead spending and income growth unchangedExpected 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.

This article was written by Adam Button at www.forexlive.com.

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