The Federal Reserve Bank of New York’s Center for Microeconomic Data today released the April 2026 Survey of Consumer Expectations, which shows that households’ inflation expectations increased at the short-term horizon and remained unchanged at the medium- and longer-term horizons. Gas price growth expectations retreated appreciably from a spike in March. Labor market expectations were largely stable in April. Perceptions of credit access and expectations for future credit access both deteriorated, but delinquency expectations improved. The survey was fielded from April 1 through April 30, 2026. The main findings ... (full story)