PoliticsIMPORTANT

NY Fed Survey of Consumer Expectations (Jan): 1-yr ahead inflation expectations 3.1% (prev. 3.4% in December), 3-yr ahead 3% (prev. 3%), and 5-yr ahead 3% (prev. 3%)

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Expectations for credit availability declined relative to December. Labour market views mostly improve relative to December. Expectations for credit availability declined relative to December. Labour market views mostly improve relative to December. Home price expectations 2.9% versus vs. 3% in December.

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