US Inflation Expectations Remain Elevated
US consumers’ median one-year inflation expectations were unchanged at 3.6% in August 2026, according to the Federal Reserve Bank of New York’s Survey of Consumer Expectations. However, expected price growth for gas rose 1.7 percentage points to 4.6%, while food expectations increased 0.3 percentage point to 5.3%. Medical-care price expectations rose 0.2 percentage point to ...
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