New York Fed Survey Finds Mixed Inflation Expectations in December

U.S. consumers' outlook on the expected path of inflation was mixed in December amid rising worries about households' ability to make debt payments, a survey by the New York Federal Reserve showed on Monday.

The regional Fed bank said in its latest Survey of Consumer Expectations that respondents see inflation a year from now steady at 3%, while the forecast for price pressures in three years ticked up to 3% from 2.6% in November and ebbed to 2.7% on a five-year timeframe from the prior...

 

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