-
Inflation Expectations Increase in the Short-Term, Remain Stable in the Medium-Term
The Federal Reserve Bank of New York's Center for Microeconomic Data released the April 2021 Survey of Consumer Expectations, which shows that median inflation expectations increased at the short-term horizon but remained unchanged at the medium-term horizon. Median year-ahead home and rent price growth expectations also increased, with both reaching new series highs. Households' year-ahead spending growth expectations remain elevated. The main findings from the April 2021 Survey are: Inflation Median year-ahead inflation expectations increased to 3.4% in April from 3.2% in March, while remaining unchanged at 3.1% at ... (full story)
-
*NY Fed: Expected Home Price Rise Hits Survey Record 5.5% In April
— *Walter Bloomberg (@DeItaone) May 10, 2021
*NY Fed: April Expected Rent Costs Hit Survey Record At 9.5% Gain
-
*NY Fed: One-Year Ahead Expected Inflation Jumps to 3.4% in April, Highest Since 2013
— *Walter Bloomberg (@DeItaone) May 10, 2021