US Consumer Inflation Expectations Rise in June, NY Fed Survey Shows
A recent survey by the New York Federal Reserve indicates that US consumers' near-term inflation expectations increased in June. This rise in expectations could present a new challenge for the Federal Reserve's monetary policy.
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NY Fed survey reports rising near-term inflation expectations in June
Read full article →1 Year Inflation Expectations Jump To 3 Year High In Latest NY Fed Consumer Survey
1 Year Inflation Expectations Jump To 3 Year High In Latest NY Fed Consumer Survey Inflation as measured by the CPI may have peaked, but Americans’ expectations for inflation over the near and medium term rose notably in June according to a Federal Reserve Bank of New York survey released Tuesday, with strong increases anticipated for medical care costs and rent, Consumers now see inflation at 3.7% over the next year, up from 3.5% in May, the highest since September 2023. Expect...
By Tyler Durden
Read full article →Consumer “Inflation Expectations” Throw the Fed another Curveball
The Fed watches inflation expectations closely. It wants them to remain “anchored.” But consumer inflation expectations have become unanchored.
By Wolf Richter
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