Consumer sentiment is improving overall, with decreased expectations of inflation. According to the July 2023 Survey of Consumer Expectations released by the Federal Reserve Bank of New York’s Center for Microeconomic Data, inflation expectations declined at the short-, medium- and longer-term horizons. At the one-year-ahead horizon, consumers’ median inflation...
As noted in The Wall Street Journal last week (May 10), U.S. consumers don’t view inflation with the same importance as they did just a year ago, dropping 15 points in importance, according to a Gallup poll cited in the article. Additionally, shoppers are adapting to...
May 22, 2023
As noted in The Wall Street Journal last week (May 10), U.S. consumers don’t view inflation with the same importance as they did just a year ago, dropping 15 points in importance, according to a Gallup poll cited in the article. Additionally, shoppers are adapting to high prices rising further, leaving little incentive for manufacturers and retailers […]
August 14, 2023
Consumer sentiment is improving overall, with decreased expectations of inflation. According to the July 2023 Survey of Consumer Expectations released by the Federal Reserve Bank of New York’s Center for Microeconomic Data, inflation expectations declined at the short-, medium- and longer-term horizons. At the one-year-ahead horizon, consumers’ median inflation expectations dropped from 3.8% to 3.5%. At both the three-year […]
