NY Fed year-ahead inflation 3.7% vs 3.6% previously

<ul><li>Three year inflation 3.0% vs 2.8% prior</li><li>Five-year inflation 2.8% vs 3.0%</li><li>Median home price rise 3.0% vs 3.1% prior</li><li>Credit access perceptions weakened in Sept</li></ul><p>I strongly suspect that gasoline price rises were the catalyst for the rise in short-term inflation expectations. In any case, this will keep the Fed cautious on signaling cuts too soon. </p>

This article was written by Adam Button at www.forexlive.com.