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 ...
(Reuters) - Americans last month braced for generally higher inflation pressures over the next few years and accelerating home price increases, according to a report released on Monday by the ...
Consumers expect prices will climb at an annual rate of 3.3% over the next year after hovering around 3% for the past four months, a Federal Reserve Bank of New York survey showed. That marked the ...
U.S. job growth surged in May and wages accelerated, prompting traders to push back the expected timing of Federal Reserve ...
The Federal Reserve’s 2023 survey on household financial well-being found Americans excelling in the job market but struggling with prices. By Jeanna Smialek American households struggled to ...
The outlook increased across the one- and five-year horizons as respondents expressed little confidence the Fed will reach its 2% inflation goal anytime soon, a central bank survey showed.
He forecast that inflation, as measured by the Fed’s favorite personal consumption expenditure price index, will soften to ...
Consumers are expecting inflation to remain above the Federal Reserve’s target rate of 2% for some time to come. And in the short-term and long-term, they’ve increased their expectations for ...