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9h agoUS Inflation Expectations Steady, Says NY Fed Survey
A New York Fed survey showed U.S. consumers expect inflation to average 3.7% over the next year, unchanged from September, suggesting stable short-term inflation expectations. However, three-year and five-year outlooks edged slightly higher, reflecting concerns over persistent price pressures in housing and services. Economists noted that while expectations remain above the Fed’s 2% target, they indicate moderating anxiety compared to 2022 peaks, reinforcing the view that inflation progress continues gradually despite ongoing cost-of-living challenges and elevated borrowing rates.
neutral
9h agoUS Inflation Expectations Steady, Says NY Fed Survey
A New York Fed survey showed U.S. consumers expect inflation to average 3.7% over the next year, unchanged from September, suggesting stable short-term inflation expectations. However, three-year and five-year outlooks edged slightly higher, reflecting concerns over persistent price pressures in housing and services. Economists noted that while expectations remain above the Fed’s 2% target, they indicate moderating anxiety compared to 2022 peaks, reinforcing the view that inflation progress continues gradually despite ongoing cost-of-living challenges and elevated borrowing rates.
neutral
US Inflation Expectations Steady, Says NY Fed Survey
about 9 hours ago
1 min read
78 words
US consumers expect inflation to hold steady at 3.7%, signaling stable short-term outlooks even as longer-term concerns persist.
A New York Fed survey showed U.S. consumers expect inflation to average 3.7% over the next year, unchanged from September, suggesting stable short-term inflation expectations. However, three-year and five-year outlooks edged slightly higher, reflecting concerns over persistent price pressures in housing and services. Economists noted that while expectations remain above the Fed’s 2% target, they indicate moderating anxiety compared to 2022 peaks, reinforcing the view that inflation progress continues gradually despite ongoing cost-of-living challenges and elevated borrowing rates.
A New York Fed survey showed U.S. consumers expect inflation to average 3.7% over the next year, unchanged from September, suggesting stable short-term inflation expectations. However, three-year and five-year outlooks edged slightly higher, reflecting concerns over persistent price pressures in housing and services. Economists noted that while expectations remain above the Fed’s 2% target, they indicate moderating anxiety compared to 2022 peaks, reinforcing the view that inflation progress continues gradually despite ongoing cost-of-living challenges and elevated borrowing rates.
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