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US: Short-Term Inflation Expectations Increase as Gas Price Growth Expectations Spike
The Federal Reserve Bank of New York’s Center for Microeconomic Data today released the March 2026 Survey of Consumer Expectations, which shows that households’ inflation expectations increased at the short- and medium-term horizons and remained unchanged at the longer-term horizon. Gas price growth expectations surged to the highest level since March 2022. Job finding expectations improved, while job loss expectations and expectations about the unemployment rate worsened. Spending and household income growth expectations remained largely unchanged. Respondents were more pessimistic about their future household ... (full story)
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US NEW YORK FED: CONSUMER 1-YEAR INFLATION EXPECTATION 3.42% IN MARCH, 3.00% IN FEBRUARY, 3.09% IN JANUARY, 3.42% IN DECEMBER; 3.58% IN MARCH 2025 #Inflation #consumers #economy @NYFed
— Mace News (@MaceNewsMacro) April 7, 2026