The Federal Reserve Bank of New York's Center for Microeconomic Data released the March 2021 Survey of Consumer Expectations, which shows a continuation in the recent upward trend in inflation, home price and spending growth expectations. In particular, expectations about home, gas, and rent price changes all reached new series highs in March. Labor market expectations continued to recover with higher expectations about job security and improved unemployment expectations. Finally, households were more positive about their current and expected financial situation and their ability to access credit. The main findings ... (full story)