Lates News

Federal Reserve: Consumer inflation expectations in the United States rose in July, benefiting from improvement in inflation prospects. The one-year inflation expectation for July rose to 3.09%, up from 3.02% previously. The three-year inflation expectation in July remained stable at 3%, while the five-year inflation expectation rose to 2.9%, reaching a new high since February. Consumers interviewed showed a stronger willingness to voluntarily quit their jobs, and their confidence in finding work in the next three months also increased.