NY Fed: Year-ahead inflation expectations fall to the lowest since May 2021 | Forexlive

• One-year inflation expectations 4.2% vs 5.5% prior
• Three-year inflation 2.7% vs 2.7% prior
• Five-year inflation 2.6% vs 2.5% prior
• Expected home price appreciation 1.4% vs 1.1% prior
• Household views on financial situation improved in Feb

There’s some good news on short-term inflation expectations here. The Fed can look at some of this and say they can slow down and see how things unfold.