The Federal Reserve Bank of New York’s Center for Microeconomic Data today released the June 2026 Survey of Consumer Expectations, which shows that households’ inflation expectations increased at the short- and medium-term horizons and were unchanged at the longer-term horizon. Gas price growth expectations declined to the lowest level since August 2022. Labor market expectations improved, with job-finding expectations increasing and job-loss expectations and expectations about the unemployment rate declining. Spending growth expectations were unchanged. Respondents were more optimistic about their future household ... (full story)