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NY Fed | Inflation Expectations Tick Up; Consumers More Optimistic about Taxes and Their Financial Situations | European American Chamber of Commerce New York [EACCNY] | Your Partner for Transatlantic Business Resources Inflation Expectations Tick Up; Con
NEW YORK—The Federal Reserve Bank of New York’s Center for Microeconomic Data today released the July 2025 Survey of Consumer Expectations, which shows that households’ inflation expectations increased at the short and longer-term horizons and were unchanged at the medium-term horizon. Consumers expect smaller growth in their tax payments and are more optimistic about their household financial situations. Expectations about the labor market were…
The longer-term inflation prospects of Americans deteriorated in July, despite the fact that households improved their opinion on the current and future state of their respective financial situations, according to data published yesterday, August 7, by the Federal Reserve (Fed) of New York.In its latest Consumer Expectations Survey, the entity indicated that the expected five-year inflation level stood at 2.9% in July, more than 2.6% in the prev…
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