Economic Buzz: US Consumers Inflation Expectations Continue To Decline

13 Sep 2022 , 11:25 AM

The Federal Reserve Bank of New Yorks Center for Microeconomic Data released the August 2022 Survey of Consumer Expectations, which shows that inflation expectations continued to decline across all horizons. Expectations about year-ahead price increases for gas also continued to decline, with households now expecting gas prices to be roughly unchanged a year from now. Home price growth expectations fell sharply, and expectations of future credit access deterioratedPowered by Commodity Insights