Fed survey reveals tightening credit and rising inflation expectations.
TL;DR Summary
US consumers are feeling that credit is becoming harder to obtain, according to a survey by the Federal Reserve Bank of New York. The survey also found that inflation expectations for the year ahead increased, while longer-term expectations decreased. Consumers' expectations of higher unemployment also increased, but fewer people anticipated they would leave their job.
Topics:business#consumer-survey#credit-access#economy#federal-reserve#inflation-expectations#unemployment
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