Americans last month braced for generally higher inflation pressures over the next few years and accelerating home price ...
Americans are bracing for high inflation to stick around over the next few years, according to a key Federal Reserve Bank of New York survey published Monday. The median expectation is that the ...
according to a report released on Monday by the Federal Reserve Bank of New York. The bank said in its latest Survey of Consumer Expectations that respondents project inflation a year from now at ...
The Fed knows this, and it’s aware that shelter costs in general are a lagging indicator of inflation pressures. In ...
The Federal Reserve’s 2023 survey on household financial well-being found Americans excelling in the job market but ...
Consumers are expecting inflation to remain above the Federal Reserve’s target rate of 2% for some time to come. And in the ...
On a one-year basis, the expectation increased to 3.3%, up 0.3 percentage point from March and the highest since November ...
Inflation remained the top financial concern, the report said. Sixty-five percent of adults said high prices had made their ...
The New York Fed’s survey mirrors recent findings from the University of Michigan’s poll of consumers, which showed year-ahead inflation expectations in early May rose to a six-month high.
With an estimated 62% of U.S. adults owning stocks, it becomes increasingly difficult to see how consumer demand can taper ...
Federal Reserve officials grew more concerned at their most recent meeting about inflation, with members indicating that they ...