EUR/USD
1.16274
0.045%
Gold
4402.34
-0.225%
Oil
90.796
0.064%
USD/JPY
154.120
-0.148%
GBP/USD
1.35419
0.013%
GBP/JPY
208.712
-0.129%
Real-time News
September 8th - The New York Federal Reserve Banks Microeconomic Data Center released its August 2026 Consumer Expectations Survey today. The results show that household inflation expectations have slightly declined in the medium term, while remaining unchanged in the short and long term. Gasoline price growth expectations rose again in August. Labor market expectations are mixed: unemployment and employment expectations have worsened, while unemployment and job loss expectations have improved. Expectations for an increase in the unemployment rate have reached their highest level since April 2020. The survey was conducted from August 3rd to 31st. Regarding inflation, one-year inflation expectations fell from 3.63% to 3.58%, and the median expectation for home price growth fell by 0.2 percentage points to 3.0%, driven by residents in the Northeast. In terms of commodities, one-year gasoline price expectations rose by 1.7 percentage points to 4.6%, food by 0.3 percentage points to 5.3%, and medical care by 0.2 percentage points to 9.1%; college education costs rose by 0.3 percentage points to 6.1%, and rent rose by 0.7 percentage points to 6.6%. Regarding the labor market, the median expectation for one-year income growth rose slightly by 0.1 percentage points to 2.9%. The unemployment rate is expected to rise by an average of 1.6 percentage points to 44.4%, the highest since April 2020, with increases across all age groups, education levels, and income levels.BondBloxx Investment Management stated that the Federal Reserves September interest rate decision was like "flipping a coin."U.S. Treasury Secretary Bessenter: The economy is expected to attract more people back to the labor market.U.S. Secretary of State Marco Rubio concluded his remarks.The EU and Canada plan to reach a broad agreement to strengthen their cooperative relationship.
