July 8 Macro data interpretation: US New York Fed 1-year inflation expectations in June!
US New York Fed 1-year inflation expectations in June, generated by the New York Fed based on the results of the consumer expectations survey.
Data weight: ★★★
Data content: previous value 3.17%, published data 3.02%,
Data time: 23:00 (UTC+8)
Data impact/interpretation:
The recorded data shows that among the American people surveyed, the inflation expectations for the next year in the United States are lower than the previous value, and the respondents believe that the pressure of inflation has been resolved or effectively alleviated.
This data is indeed at a lower value than the inflation expectations in the past three years. Through this data, it can be seen that the current results of US inflation control have changed the inflation expectations of the respondents.
However, the current data is still a higher value than the inflation expectations of the normal US economy before the mask.
To sum up in one sentence:
The inflation work has achieved obvious success in the short term, but in the long run, there is still a long way to go and there is still a lot of pressure.
Finished, work is over!
