NY Fed SCE (June): Year ahead expected inflation 3.7% (vs. 3.5% in May), three-year ahead 3.3% (vs. 3.1%), five-year ahead 3% (vs. 3%)

  • June gas price expectations ease to lowest level since August 2022.
  • Households more upbeat about current and expected personal finances.
  • June labour market expectations improved
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