Fulcrum Perspectives
An interactive blog sharing the Fulcrum team's policy updates and analysis, as well as book recommendations, travel observations, and cultural experiences - all of which we hope will be of interest to you.
New York Fed Consumer Survey Says Inflation Expectations Falling
The Federal Reserve Bank of New York released its latest Survey of Consumer Expectations today. Some good news for consumers: Medium one- and three-year-ahead inflation expectations declined sharply in July. They fell from 6.8 percent to 3.6 percent in June to 6.2 percent and 3.2 percent in July. Here is a link to the full survey.
One year inflation expectations (Federal Reserve Bank of New York Consumer Survey/August 8, 2022)
Three year inflation expectations (Federal Reserve Bank of New York Consumer Survey/August 8, 2022)
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