NY Fed 1-year inflation expectations 6.2% vs 6.8% prior

• 3 year expectations to 3.2% from 3.6%
• 5 year expectations to 2.3% from 2.8%
• Consumer see home prices up 3.5% in the next year vs 4.4% in June
• Year-ahead earnings Earnings A company’s earnings represent its profits or net benefits as a result of its operation.Earnings are the net benefits of a corporation's operation. Earnings can be calculated as EBIT, i.e. earnings before interest and taxes, and EBITDA, i.e. earnings before interest, taxes, depreciation, and amortization.Earnings are valuable tools for investors of company shares as they can often highlight a company’s financial standing and performance. Better performances can result in strengthened share price A company’s earnings represent its profits or net benefits as a result of its operation.Earnings are the net benefits of a corporation's operation. Earnings can be calculated as EBIT, i.e. earnings before interest and taxes, and EBITDA, i.e. earnings before interest, taxes, depreciation, and amortization.Earnings are valuable tools for investors of company shares as they can often highlight a company’s financial standing and performance. Better performances can result in strengthened share price Read this Term growth unchanged at 3.0%
• 1-year household income growth to 3.4% vs 3.2% in June
• Consumers see a 40.2% likelihood of higher unemployment rate a year from now vs 40.4% prior
• Spending growth seen down 6.9% from 8.4%
• Rising share of consumers say credit hard to get
• Fewer expect household financial situation to deteriorate in the year ahead than in June

The Fed will get comfort from falling inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term expectations, even though they remain high. Overall, the consumer sounds healthy.