fed minutes, 2020-11-05
The latest readings on survey-based measures of longer-run inflation expectations moved lower, though each remained within the range in which it has fluctuated in recent years; in October, the University of Michigan Surveys of Consumers measure for the next 5 to 10 years fell back to the level that prevailed in early 2020, while in September the 3-year-ahead measure from the Federal Reserve Bank of New York retraced its August increase.
Sentiment: neutral
Topic: mp_inflation