Federal Reserve Messenger: Uncertainty in Mid term Inflation Expectations Remains High

According to BlockBeats, on June 9th, Nick Timiraos, the voice of the Federal Reserve, announced an unexpected decrease in inflation expectations for the New York Fed in May. However, the uncertainty of mid-term inflation expectations remains high (3-year inflation expectation is 3%, previously 3.2%; 5-year inflation expectation is 2.6%, previously 2.7%). (Golden Ten)