The November New York Fed survey of consumer expectations showed:

• November three-year-ahead expected inflation rate unchanged at 3%

• November five-year-ahead expected inflation rate unchanged at 3%

• U.S. households’ year-ahead expected inflation rate unchanged at 3.2% in November

• Households more pessimistic on current and future financial situations in November

• November year-ahead expected rise in medical costs highest since January 2014

• November home price rise expectation steady at 3%

• Labor market expectations improved in November

This article was written by Greg Michalowski at investinglive.com.



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