The Federal Reserve Bank of New York's Center for Microeconomic Data today released the June 2023 Survey of Consumer Expectations, which shows that inflation expectations continued to fall at the short-term horizon, remained unchanged at the medium-term horizon, and increased somewhat at the longer-term horizon. Home price growth expectations rose again to their highest level in almost a year. Households' perceptions and expectations for credit conditions and for their own financial situations both improved slightly. The main findings from the June 2023 Survey are: Inflation • Median inflation expectations declined ... (full story)