U.S. inflation expectations stable over three years: NY Fed survey

NEW YORK (Reuters) - U.S. inflation expectations for both one and three years into the future were unchanged last month, according to a Federal Reserve Bank of New York survey that painted a picture of price stability among consumers.

The September survey found median expectations over both time frames were for 3 percent inflation, identical to the August readings. Expectations have remained largely stable since April, though they have drifted higher since last year.

(Reporting by Jonathan Spicer; Editing by Chizu Nomiyama)