What were the U.S. public's inflation expectations for one, three, and five years ahead in May according to the New York Fed survey?

According to the New York Fed survey, the U.S. public expected inflation to be 3.5% one year from now (down slightly from 3.6% in April), 3.1% three years from now, and 3.0% five years from now.

How did the New York Fed survey characterize public sentiment about personal finances and job security in May?

The survey found growing concern among respondents about their current and future financial situations — with those reporting worse current situations at the highest level since January 2023 — and increased anxiety about involuntary job losses, while confidence in finding new work if unemployed declined; the net share expecting a better financial future versus a worse one hit its lowest level since October 2022.

US Public's Inflation Expectations Largely Unchanged in May, New York Fed Survey Shows

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US Public's Inflation Expectations Largely Unchanged in May, New York Fed Survey Shows — ChemBrief Topics

US Public's Inflation Expectations Largely Unchanged in May, New York Fed Survey Shows

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