US households’ inflation expectations increased slightly at the short-, medium- and longer-term horizons, the November 2024 survey of consumer expectations by the Federal Reserve Bank of New York’s Centre for Microeconomic Data revealed.
Households expressed more optimism about their year-ahead financial situations, while earnings and household income growth expectations both rose in November.
US households’ inflation expectations increased slightly at the short-, medium- and longer-term horizons, the November 2024 survey of consumer expectations by the Federal Reserve Bank of New York’s Centre for Microeconomic Data revealed.
Households expressed more optimism about their year-ahead financial situations, while earnings and household income growth expectations both rose in November.