NEW YORK FED: NOVEMBER INFLATION AND EXPECTATIONS 🔸 Three- and five-year-ahead expected inflation unchanged at 3%. 🔸 U.S. households’ year-ahead expected inflation steady at 3.2%. 🔸 Households more pessimistic about current and future finances. 🔸 Expected medical cost increase highest since Jan 2014. 🔸 Home price rise expectation stable at 3%. 🔸 Labor market expectations improved.(*Walter Bloomberg)