US: Short-Term Inflation Expectations Tick Down, Household Financial Expectations Improve

From newyorkfed.org

The Federal Reserve Bank of New York’s Center for Microeconomic Data today released the June 2025 Survey of Consumer Expectations, which shows that households’ inflation expectations ticked down at the short-term horizon and remained unchanged at the medium- and longer-term horizons. Unemployment and job loss expectations improved. Spending growth expectations slightly declined, while household income growth expectations increased. Households were more optimistic about their year-ahead financial situations and credit access. The survey was fielded from June 2 through June 30, 2025. The main findings from the June ... (full story)