[02/13/17] A measure of U.S. inflation expectations rose for a second straight month in January to its highest level since mid-2015, according to a Federal Reserve Bank of New York survey released on Monday that reinforced the view that interest rates would keep climbing.
The survey of consumer expectations, an increasingly influential gauge of prices for the U.S. central bank, found that year-ahead inflation expectations increased to 3.0 percent, from 2.8 percent in December and 2.5 percent in November.
The expectation three years out was 2.9 percent, from 2.8 percent the month before. "Both increases were fairly broad-based, but largest among younger and higher-income respondents," the New York...
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