The Federal Reserve Bank of New York’s Center for Microeconomic Data today released the February 2026 Survey of Consumer Expectations, which shows that households’ inflation expectations declined at the short-term horizon and remained unchanged at the medium- and longer-term horizons. Labor market expectations saw a modest slowdown as earnings growth expectations declined, voluntary job separation probabilities decreased, and confidence in finding new employment weakened, despite a small improvement in job loss and overall unemployment expectations. Expectations for future credit access and missing a minimum debt ... (full story)