NY Fed survey: 1-year and 3-year inflation expectations rise in December

Author: Adam Button | Category: Central Banks

Survey from the NY Fed

  • 1-year inflation expectations at 2.8% in Dec vs 2.6% in Nov
  • Expected earnings growth at 2.7% in Dec, highest since 2014
  • 3-year inflation expectations 2.9% vs 2.8% prior
  • Full report

Ignore the rise in inflation expectations, because it's tied to gasoline. But the climb in earnings expectations is notable.