The Federal Reserve Bank of New York’s Center for Microeconomic Data today released the November 2025 Survey of Consumer Expectations, which shows that households’ inflation expectations remained unchanged at the short-, medium-, and longer-term horizons. Expectations about the growth in medical care costs increased to its highest level since January 2014. Labor market expectations improved slightly, but respondents’ perceptions and expectations about their current and future financial situation became more negative. The survey was fielded from November 1 through November 30, 2025. The main findings from the November ... (full story)