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US Inflation Expectations Tick Up; Consumers More Optimistic about Taxes and Their Financial Situations
The Federal Reserve Bank of New York’s Center for Microeconomic Data today released the July 2025 Survey of Consumer Expectations, which shows that households’ inflation expectations increased at the short and longer-term horizons and were unchanged at the medium-term horizon. Consumers expect smaller growth in their tax payments and are more optimistic about their household financial situations. Expectations about the labor market were mixed with consumers reporting greater likelihoods of losing and finding jobs, and a lower likelihood of a rise in overall unemployment. The survey was fielded from July 1 through ... (full story)
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NY Fed inflation expectations:
— zerohedge (@zerohedge) August 7, 2025
1 year: 3.1%, vs 3.0% last
3 years: 3.0%, vs 3.0% last
5 years: 2.9%, vs 2.6% last
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