Renters are less confident that they will ever own a home than they have been since the Federal Reserve Bank of New York began asking them about this prospect. The share of renters who expect to own a home dropped to 40.1% in the New York Fed’s 2024...
Takeaways from the Federal Reserve Bank of New York’s March Survey of Consumer Expectations include emerging concerns about debt. Consumers haven’t budged in their expectations about inflation — at least in terms of the one-year outlook. But they’re incrementally more worried about job security — and...
Inflation’s steady at the moment, on its way to ticking up … and credit’s tougher to come by. The Federal Reserve Bank of New York’s Center for Microeconomic Data released the September 2023 Survey of Consumer Expectations on Tuesday (Oct. 10), that show a resignation...
The overall rejection rate for credit applicants hit its highest level in five years in June. The rejection rate of 21.8% was the highest level since June 2018, the Federal Reserve Bank of New York reported Monday (July 17) when releasing findings from its June Survey of Consumer Expectations...
May 13, 2024
Consumers are girding for inflation to settle in over the long haul. But they intend to keep spending. As reported on Monday (May 13), the Federal Reserve Bank of New York’s Center for Microeconomic Data detailed that, per the April Survey of Consumer Expectations, inflation’s expected to be higher one year from now, slightly lower at the three year mark, […]
May 06, 2024
Renters are less confident that they will ever own a home than they have been since the Federal Reserve Bank of New York began asking them about this prospect. The share of renters who expect to own a home dropped to 40.1% in the New York Fed’s 2024 SCE Housing Survey, which is 4.3 percentage points lower than […]
July 17, 2023
The overall rejection rate for credit applicants hit its highest level in five years in June. The rejection rate of 21.8% was the highest level since June 2018, the Federal Reserve...
