Fed report: indicators of long-term inflation expectations broadly align with 2% target

Already Strong Inflation Ticked Up Further In Spring - Labor Market Broadly Stable, 'Solid' Nominal Wage Growth Has Been Joined By Strong Productivity Gains - Economic Activity Expanding At Solid Pace Despite Elevated Uncertainty Due To Iran War - M2 Money Supply Growth Rates Were Moderate, Broadly Similar To The Pace Typically Observed During 2010s - Labor Supply Growth Down On Immigration Slow Down, Demographic Shift - Small Businesses And Households Continued To Face Relatively Tight Credit Conditions - Q126 Growth Bolstered By High Tech Investment, Government Spending - Measures Of Long-Term Inflation Expectations Broadly Consistent With 2% Goal - In Most Cases, Funds Imposed Redemption Limits, And Private Credit Markets Continued To Function Normally - Some Private Credit Vehicles Faced Notable Increases In Redemption Requests In Q1, Reflecting Some Defaults And Concerns About Underlying Asset Quality - Activity In Housing Market Has Been Stagnant - Strong Factory Output Driven By Data Centre Investment Tied To AI; US Productive Capacity Rising At 'Solid Pace' - Foreign Economic Activity Growth Was Subdued In H16 From Headwinds From Middle East Conflict And US Tariffs, Partially Offset By Ai Investment - Financial System Remained Sound And Resilient, Vulnerabilities Unchanged - Bank Reserves Remain In Ample Range Amid Reserve Management Buying - Asset Values In Stocks, Corporate Debt, Residential Real Estate Above Historic Norms