The Federal Reserve Bank of New York’s Center for Microeconomic Data today released the April 2023 Survey of Consumer Expectations, which shows that inflation expectations declined at the short-term horizon, but increased slightly at the medium- and longer-term horizons. Labor market expectations deteriorated slightly, with unemployment expectations and perceived job loss risk increasing and job finding expectations decreasing. Perceptions and expectations of credit conditions were mixed. The main findings from the April 2023 Survey are: Inflation Median inflation expectations declined by 0.3 percentage point at the ... (full story)