New York Fed survey shows long-term inflation expectations steady
Updated
Updated · MarketWatch · May 7
New York Fed survey shows long-term inflation expectations steady
10 articles · Updated · MarketWatch · May 7
In April, one-year inflation expectations edged up, while three- and five-year views were unchanged despite price pressures from the war in Iran.
The survey also found rising labour-market anxiety, with consumers putting the chance of higher unemployment over the next 12 months at 44%, the highest in a year.
The reading may reassure policymakers watching inflation credibility, even as University of Michigan and market-based measures have recently pointed to firmer long-run inflation expectations.
Why do consumers see a temporary price shock while markets brace for lasting inflation?
As war and AI collide, can the Fed avert a 1970s-style stagflation crisis?
Is the AI revolution making the Federal Reserve's favorite inflation gauge obsolete?