The Federal Reserve Bank of New York’s Center for Microeconomic Data today released the January 2026 Survey of Consumer Expectations, which shows that households’ inflation expectations remained unchanged at the medium- and longer-term horizons, and declined at the short-term horizon. Labor market expectations saw modest improvements with consumers reporting higher expected earnings growth, lower likelihood of a job loss, and higher likelihood of finding a job in the event of a job loss. The survey was fielded from January 2 through January 31, 2026. The main findings from the January 2026 Survey are: Inflation ... (full story)