New York Fed: Medium-Term Inflation Expectations Tick Down; Unemployment Expectations Deteriorate

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Median inflation expectations at the one-year ahead horizon were unchanged at 3.6% in August, according to a survey of approximately 1,300 household heads by the Federal Reserve Bank of New York. Median one-year-ahead earnings growth expectations ticked up by 0.1 percentage point to 2.9% in…

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