U.S. inflation expectations stable over three years: NY Fed survey

Reuters  |  NEW YORK 

(Reuters) - U.S. expectations for both one and three years into the future were unchanged last month, according to a survey that painted a picture of among consumers.

The September survey found median expectations over both time frames were for 3 percent inflation, identical to the August readings. Expectations have remained largely stable since April, though they have drifted higher since last year.

(Reporting by Jonathan Spicer; Editing by Chizu Nomiyama)

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First Published: Tue, October 09 2018. 20:37 IST