US 1 year consumer inflation expectations increase 0.2% to 2.7% in June

3-year inflation expectations increased 0.1%

A Fed survey of consumer inflation expectations for June saw increases.

• The one year inflation expectations increased 0.2% to 2.7% in June
• The three-year inflation expectation increased 0.1% to 2.7%.

This was the 1st increase in 3 months. The May levels were the lowest since May 2017

Consumers also showed increasing confidence about their personal financial situation, reporting a lower likelihood that they would lose their jobs, higher expectations of pay raises and a smaller chance of missing a debt payment.

On the negative side, nearly 39% see US stock prices higher in a years time. That is the lowest level since October 2016.