According to a report released by the New York Federal Reserve, the stock market is expected to rise in March to 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. Inflation is expected to remain unchanged at 3% for the next three years in March. Five-year inflation expectations were 2.9% in March and 3% in February.