New York Fed: March expected stock market gains will reach the lowest level since June 2022

ChainCatcher news, according to a report released by the New York Fed, the expected stock market increase in March will reach the lowest level since June 2022, and the expected unemployment rate will rise to the highest level since April 2020.

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