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 ...
Household financial prospects show a slight decline in expected income growth (from 3.1% to 3.0%), alongside increased ...
Surging prices in 2021-22, after decades of low inflation, came as a shock to many. So it was in a way understandable that ...
(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 ...
On a one-year basis, the expectation increased to 3.3%, up 0.3 percentage point from March and the highest since November ...
Consumers are expecting inflation to remain above the Federal Reserve’s target rate of 2% for some time to come. Read more ...
The New York Fed’s survey mirrors recent findings from the University of Michigan’s poll of consumers, which showed year-ahead inflation expectations in early May rose to a six-month high ...
The Federal Reserve should wait for significant progress on inflation before cutting rates, Minneapolis Federal Reserve ...