Americans' inflation expectations rose to a 3-year high in September, NY Fed says

Americans' inflation expectations have risen to a 3-year high. The median 1-year outlook climbed to 3.9%, its highest reading since May 2023, according to the New York Fed. Expected household spending growth also hit a 3-year peak.

The reports also mentioned Ghana's inflation rate, which increased marginally to 5.2% in September, from 5.0% in August, according to Adom Online.

The inflation rate in Ghana was driven largely by non-food items, which recorded inflation of 6.2%, compared with food inflation of 4.0%.

Brief written by urgent.news from Quartz, Adom Online — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.