NY Fed inflation outlook reaches four-year peak, Craig Shapiro notes

NY Fed inflation outlook reaches four-year peak, Craig Shapiro notes
NY Fed inflation expectations hit highs

Craig Shapiro highlights a rise in New York Federal Reserve inflation expectations, with the median three-year ahead outlook now at its highest level in four years. Shapiro also points out that the head of the New York Fed has downplayed concerns, assuring that everything is under control.

Shapiro has previously noted major swings in global markets, including a 10% decline in the KOSPI and a 3% drop in Nasdaq futures pre-market. In another recent post, he described a bearish flag pattern across several Bitcoin timeframes. These observations follow a series of updates on key financial benchmarks and asset moves.

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