New York Fed survey shows rising long-term inflation expectations
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最新报道：According to the New York Federal Reserve's latest monthly survey, consumers' confidence in the Fed's long-term inflation management has declined. Data showed that consumers' expectations for inflation over the next five years were 2.9%, up from 2.6% in the June survey. Short-term inflation expectations remained largely unchanged, with expectations for the next year rising to 3.1% from 3% in June and holding steady at 3% for the next three years. Elsewhere, consumer confidence remained strong in July. Fewer consumers (37%) believed the unemployment rate would be higher in a year, the lowest percentage since January. Consumers believe they are 51% likely to find a new job within the next three months if needed, up from 49.6% in June. Consumers also said they expect government debt to grow by 9.1% over the next 12 months, up from 7.3% a month earlier.
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