The U.S. inflation expectations held steady | 11 يناير 2022

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Short-term inflation expectations held steady in December after rising steadily for more than a year and consumers became more optimistic about their job prospects, according to a survey released by the New York Federal Reserve on Monday. Median expectations for what inflation will be in one year were unchanged at 6.0% after 13 straight months of increases, according to the New York Fed's monthly survey of consumer expectations. Consumers' expectations of what inflation could be in three years also stayed steady at 4.0%, the survey showed. Fed officials are considering whether they need to raise interest rates sooner than expected and may begin reducing their bond holdings later this year to respond to high inflation and a "tight" labor market, according to minutes from the Fed's Dec. 14-15 meeting released last week.

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