Economics
U.S. Inflation Outlook Falls for First Time Since October 2020
- One-year and three-year expectations dropped in Jan. survey
- NY Fed President Williams co-authored blog post on inflation
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U.S. consumers don’t expect red-hot inflation levels to last in the long term.
That’s the takeaway from data analysis by six co-authors including New York Fed President John Williams, who was listed as a co-writer in the regional Fed’s Liberty Street Economics blog series for the first time.