Consumers more worried about personal finances and jobs, New York Fed report shows
Consumers kept 1-year inflation expectations at 3.6% in August, but the New York Fed said job and financial outlooks worsened.
6 Articles
6 Articles
U.S. consumers grow more uneasy about jobs and finances as inflation outlook holds steady
US consumers' inflation outlook remained stable in August, according to a New York Federal Reserve report. Households anticipate the unemployment rate to reach its highest point since the pandemic began. This data comes before a key Federal Reserve policy meeting next week. The upcoming Consumer Price Index report will heavily influence the Fed's interest rate decision. Officials are closely watching inflation progress towards the central bank's…
Consumers more worried about personal finances and jobs, New York Fed report shows
By Michael S. Derby NEW YORK, Sept 8 (Reuters) - U.S. consumers’ outlook for inflation was little changed in August, as households’ worries about the job market and the state of their personal finances mounted, the New York Federal Reserve said in a r...
The expectations of US consumers for future inflation remained unchanged between July and August for the horizons of one and five years,
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