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Americans Brace For Job Losses As NY Fed Survey Flags Pandemic-Era Highs In Unemployment Worries
Tuesday, April 15, 2025 - 6:26am | 536In a recent survey conducted by the Federal Reserve Bank of New York, U.S. consumers have displayed growing apprehension about a potential increase in unemployment. What Happened: The survey, carried out in March, showed Americans attributing a 44% chance to the country’s...
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Consumer Sentiment Falls In May, Inflation Expectations Strongly Exceed Fed's 2% Goal: 'They Now Perceive Negative Developments'
Friday, May 10, 2024 - 10:25am | 479The latest University of Michigan report shows a troubling drop in U.S. consumer confidence, signaling potential weakness in household finances alongside a worrying increase in consumer inflation expectations. “Consumer sentiment retreated about 13% this May following three consecutive months...
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US Consumer Inflation Expectations Hit 2-Year Low, New York Fed Survey Reveals
Monday, January 8, 2024 - 1:43pm | 593The Federal Reserve Bank of New York’s December 2023 Survey of Consumer Expectations unveiled a marked decline in consumer inflation expectations across all observed horizons and varied sentiments across different economic indicators. Notably, year-ahead inflation expectations fell to the...
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Bond Market Braces For July CPI Data: A Test Of Fed's Control Over Inflation
Wednesday, August 9, 2023 - 5:08pm | 438The bond market’s anticipation of long-term U.S. inflation is nearing its highest level in over a year, suggesting that the Federal Reserve might grapple with high inflation rates for an extended period. As the market awaits the upcoming consumer price index figures, a pivotal long-term...
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New York Fed Survey Shows Lowest Short-Term Consumer Inflation Expectations Since April 2021
Monday, July 10, 2023 - 3:10pm | 641Expectations among consumers regarding near-term inflation dipped in June to the lowest point since April 2021, while the outlook for inflation over the next five years climbed to its highest since March of the previous year, the Federal Reserve Bank of New York revealed on Monday. This survey...
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Cryptocurrencies Like Bitcoin And Ethereum Can't Shake The Risk Asset Tag: What's Holding Them Back
Saturday, December 31, 2022 - 5:52pm | 998When cryptocurrencies first started gaining the attention of mainstream investors in early 2017, a number of crypto pundits were quick to claim that they could act as an effective hedge against inflation. Citing the limited token supply of cryptocurrencies like Bitcoin (CRYPTO: BTC) as the chief...
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What's Behind All of The Sell-Offs in Commodities?
Monday, April 15, 2013 - 1:13pm | 453It's always hard to decipher a root cause behind a particular price move in commodities because generally there are multiple contributing factors. However, in the commodities markets over the last two trading days, the price action can mostly be attributed to one key factor. Analysts are pointing...
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How the University of Michigan is Increasing the Price of Gold and Silver
Friday, June 17, 2011 - 11:38am | 436On Friday, The University of Michigan's report on consumer confidence was released. According to the report, inflation expectations rose to 3.0% from 2.9%, the second highest figure in 2011. Silver jumped nearly $0.30 in seconds to approach $36, while gold rose roughly $10. Historically,...