In the September survey, one-year- and three-year-ahead inflation expectations held at 3.0 percent. Respondents’ expectations at both horizons have been virtually unchanged since April 2018. Results also showed that median one-year ahead earnings growth expectations increased 0.3 percentage points in September to 2.8 percent, an all-time high for the series.
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Press Release: Inflation Expectations Unchanged; Labor Market Expectations Improve in September