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Households Less Optimistic about their Financial Situations
The Federal Reserve Bank of New York’s Center for Microeconomic Data today released the August 2023 Survey of Consumer Expectations, which shows that inflation expectations were largely stable, rising slightly at the short- and longer-term horizons, and falling slightly at the medium-term horizon. Income growth perceptions declined in August, and job loss expectations rose sharply to its highest level since April 2021. Perceptions about current credit conditions and expectations about future conditions both deteriorated. Households’ perceptions about their current financial situations and expectations for the ... (full story)
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NY FED: AUGUST ONE-YEAR AHEAD EXPECTED INFLATION AT 3.6% VS JULY’S 3.5%
— *Walter Bloomberg (@DeItaone) September 11, 2023
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NY FED: AUGUST THREE-YEAR AHEAD EXPECTED INFLATION AT 2.8% VS JULY’S 2.9%.
— Breaking Market News (@financialjuice) September 11, 2023
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NY FED: RECORD NUMBER OF CONSUMERS SAID CREDIT NOW HARDER TO GET #News #Markets #live
— Capital Hungry (@Capital_Hungry) September 11, 2023
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NY FED: AUGUST FIVE-YEAR AHEAD EXPECTED INFLATION AT 3% VS JULY’S 2.9%
— *Walter Bloomberg (@DeItaone) September 11, 2023