Consumer outlook sours as inflation expectations rise, New York Fed survey finds

Consumer outlook sours as inflation expectations rise, New York Fed survey finds

Americans are increasingly pessimistic about their financial future as a wave of economic uncertainty takes hold.

US Consumer Inflation Outlook Rises for Third Straight Month: New York Fed

U.S. consumer inflation expectations rose for the third consecutive month in September, reaching the highest level in five months, new data from the Federal Reserve Bank of New York show. Last month’s median inflation expectations for the year ahead rose to 3.4 percent from 3.2 percent in August, according to the New York Fed’s latest Survey of Consumer Expectations, released on Oct. 7. The jump was driven primarily by those with household incom…

Consumers see higher inflation in year ahead, NY Fed survey shows

Consumers see higher inflation in the year ahead, with signs that lower and middle-income households are feeling most of the burden of rising price pressures, according to a monthly survey from the Federal Reserve Bank of New York.