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U.S. median inflation expectations reported by the New York Fed remained unchanged and elevated in October. The figures published show inflation expectations staying flat at 3.9% for the 1-year horizon, 3.3% for the 3-year horizon, and 3.0% for the 5-year horizon.
Gregory Daco shared these data points in a recent post.
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Gregory Daco has provided commentary on key financial market developments in recent months. At NABE2026, he discussed how sovereign debt supply and demand changes impact financial markets and fiscal space. He has also observed broadened stock-market losses on the New York Stock Exchange affecting major companies.