NY FED SURVEY SHOWS STICKY INFLATION EXPECTATIONS, WEAKER FINANCIAL OUTLOOK
The New York Fed’s April survey shows one-year inflation expectations rising to 3.6% from 3.4%, while longer-term outlooks remain unchanged at around 3%.
Households expect slower home price growth and sharply lower gasoline prices, but report worsening views on credit access and rising unemployment risks, now at the highest level since April 2025.
Overall, sentiment on personal finances remains mixed and cautious.