FX & CFD trading involves significant risk
According to the New York Fed's survey of consumer expectations, released on Monday, the U.S. one-year ahead inflation expectations were 2.7% in April, down from 2.9% in March. It was the lowest level since mid-2013.
The U.S. three-year ahead inflation expectations rose to 3.0% in April from 2.9% in March.
The Fed wants to hike its interest rate later this year but wants to be sure that the consumer price inflation is on track to reach its 2% target.
|remaining time till the new event being published|
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.