• One year seen at 3.4% vs 3.6% prior - lowest since April 2021
  • Three year ahead unchanged at 3%
  • Five year ahead unchanged at 2.7%
  • Respondents see moderating wage growth
  • Rent seen at +8% vs +9.1% in Oct survey

These drops aren't as dramatic as the UMich survey on Friday but they're headed in the direction the Fed wants to see.