Analytical Reviews

Get the latest economic news from ForexMart, including updates on the financial market, central bank policy announcements, financial indicators, and other relevant news which can impact the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

NY Fed survey: Higher wage lead to Rise in U.S. inflation


January, 17 2018
watermark Economic news

The U.S. Inflation expectations increased in December and reached the highest level for months since younger and middle-age workers anticipate higher prices and profit, according to a Federal Reserve Bank of New York on Tuesday.


The survey on consumer expectations persists to rise slowly, which Fed considers along with other data. It demonstrates median one-year in advanced forecasts rose to jumped from 2.61 percent in November to 2.82 percent in December, which has been the highest record since February.


The three-year inflation increased up to 2.89 percent from 2.78 percent the month before as the highest rate since April. The New York Federal Reserve says the increase to be highly influenced by younger than 40 respondents.


The jumped in figures is seen to be positive after years of inflation since mid-2013 that has dropped in general. Last year, the U.S. central bank increased their rate hikes and desires to the same in 2018, despite the inflation target have not been achieved.

Respondents are more sanguine regarding the increase in earnings. The median forecast one-year advance is 2.7 percent that rose from 2.6 percent in November, which has been the highest since 4 years due to the age range of respondents at 40 to 60 years old and salary ranges from $50,000 and $100,000 annually, as stated by the New York Federal Reserve.

On the other hand, the online survey from a third party scope includes a rotating panel of about 1,200 household heads.


コメントする

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.