Consumers Expect Higher Inflation and Job Market Concerns, NY Fed Reports
TL;DR Summary
Consumers expect higher inflation in the coming year, with expectations rising to 3.4%, especially impacting lower and middle-income households, while perceptions of job security and personal finances remain mixed amid ongoing economic uncertainties.
- Consumers See Higher Inflation in Year Ahead, NY Fed Survey Shows Bloomberg.com
- Consumer outlook sours as inflation expectations rise, New York Fed survey finds CNBC
- Income growth expectations slide to lowest since 2021 amid weak job market Yahoo Finance
- NY Fed finds rising worry about state of job market in September Reuters
- Consumers Are More Worried About the Labor Market and Inflation, NY Fed Report Says Barron's
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