Inflation Expectations Drift Back Down to Pre-Tariff Levels, New York Fed Survey Shows

Inflation Expectations Return to Pre-Tariff Levels in Fed Survey

Consumer expectations for future inflation have settled back to levels last seen at the beginning of the year, prior to the announcement of aggressive new tariffs, according to monthly survey data released Tuesday by the Federal Reserve Bank of New York.

New York Fed: June year-ahead expected inflation at 3.0%, down from May's 3.2%

onsumers see easing year-ahead inflation, but longer-term views unchanged

NY Fed Inflation Expectations Tumble To Pre-Tariff Levels, As Consumer Sentiment Blossoms

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Inflation expectations drift back down to pre-tariff levels, New York Fed survey shows

Fears earlier this year that President Donald Trump’s tariffs would result in a sharp inflation spike have completely receded.

Inflation expectations drift back down to pre-tariff levels, New York Fed survey shows - Business Fast

People shop at a grocery store in Brooklyn on May 13, 2025 in New York City. Spencer Platt | Getty Images Fears earlier this year that President Donald Trump’s tariffs would result in a sharp inflation spike have completely receded, according to a New York Federal Reserve survey released Tuesday. The central bank’s monthly Survey of Consumer Expectations shows that respondents in June saw inflation at 3% 12 months from now. That’s the same leve…

NY Fed: Year-ahead expected inflation falls to 3% in June from 3.2% in May

The Federal Reserve (Fed) Bank of New York noted in its latest Survey of Consumer Expectations that the year-ahead inflation expectation stood at 3% in June, down from 3.2% in May.