U.S. consumers' near-term inflation expectations | 19 Septiembre 2022

19 Septiembre 2022, USD/JPY

U.S. consumers' near-term inflation expectations

USDJPY trading plan:

U.S. consumers' near-term inflation expectations fell to a one-year low in September and the outlook over the next five years also improved, easing fears that the Federal Reserve could raise interest rates by a full percentage point this week. The University of Michigan survey's reading of one-year inflation expectations dropped to 4.6%, the lowest since September 2021, from 4.8% in August. The survey's five-year inflation outlook slipped to 2.8%, falling below the 2.9%-3.1% range for the first time since July 2021. Consumer sentiment improved moderately in September, lifted by lower gasoline prices, the University of Michigan survey showed. Its preliminary reading on the overall index on consumer sentiment came in at 59.5 this month, slightly up from 58.6 in August.

Investment idea: range 142.70 -143.70

David Johnson
Analyst of «FreshForex» company
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.