NY Fed survey: Credit delinquency expectations rise to highest since April 2020

• One year inflation unchanged at 3.0%
• Three-year inflation 2.7% vs 2.5% prior
• Five year inflation 2.9% vs 2.8%
• Credit delinquency expectations rise to highest since April 2020
• Perceived probability of losing job unchanged at 13%
• Median home price rise 3.0% vs 3.1% prior
• Expected year-ahead spending and income growth unchanged
• Expected earnings growth dipped to 2.8% from 2.9%

There isn’t much here to move markets but the inflation numbers are modestly positive for the US dollar.

This article was written by Adam Button at www.forexlive.com.