New York Fed: March Expected Stock Market Gain to Hit Lowest Level Since June 2022

BlockBeats News, April 14th, According to a report released by the New York Fed, the expected stock market gains in March are at the lowest level since June 2022, and the expected unemployment rate is set to rise to the highest level since April 2020.

The inflation rate is expected to be 3.6% by March next year, up from 3.1% in February. In March, the expected future three-year inflation rate remains unchanged at 3%. The five-year inflation expectation for March is 2.9%, down from 3% in February.