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TechFlow, June 9 — According to Jinshi Data, "Fed Whisperer" Nick Timiraos reported that the New York Fed's inflation expectations for May declined unexpectedly. However, uncertainty around medium-term inflation expectations remains high (3-year inflation expectation at 3%, previously 3.2%; 5-year inflation expectation at 2.6%, previously 2.7%).
According to Jinshi Data, "Fed whisperer" Nick Timiraos said the New York Fed's inflation expectations for May declined unexpectedly. However, uncertainty around medium-term inflation expectations remains high (3-year inflation expectation at 3%, previously 3.2%; 5-year inflation expectation at 2.6%, previously 2.7%).
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