New York Fed: March expects stock market gain to reach its lowest level since June 2022
According to online reports, according to a report released by the New York Federal Reserve, the stock market is expected to increase in March to reach its lowest level since June 2022, and the unemployment rate is expected to rise to its highest level since April 2020. Inflation is expected to be 3.6% in March next year and 3.1% in February. In March, inflation was expected to remain unchanged at 3% over the next three years. Five-year inflation expectations were 2.9% in March and 3% in February.
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