Connect with us

Hi, what are you looking for?

Economy

US inflation expectations surge to another record high, New York Fed survey shows

Beyond My Ken, CC BY-SA 4.0 <https://creativecommons.org/licenses/by-sa/4.0>, via Wikimedia Commons

Americans expect inflation to be up 5.4% a year from now

By Megan Henney

FOXBusiness

Americans’ inflation fears continued to accelerate in October, climbing for the 12th consecutive month in a row to another record high, according to a key Federal Reserve Bank of New York survey published Monday.

The median expectation is that the inflation rate will be up 5.4% one year from now, the highest level for the gauge since its launch in June 2013, according to the New York Federal Reserve’s Survey of Consumer Expectations. Inflation expectations over the next three years remained unchanged at a median of 4.2%, a series high.

Click the link below to read the rest of this story.

https://www.foxbusiness.com/economy/us-inflation-expectations-new-record-high-new-york-fed-survey

Click here to get more news from the Bulldog

On the go, but don’t want to miss any Bulldog news? Go to the App Store and downloads apps for Bulldog Reports and The Bulldog Show to your Apple and Android mobile devices. It’s free!

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Bulldog Regional/Local

Kentucky State Police have confirmed they are conducting an investigation into the allegations

Entertainment

Also , Begged Joe To Run For WH To Salvage His Own Reputation And Made Porn Films With Prostitutes. Forensic Experts Prove Laptop IS...

National News

By Mark Hansel Bulldog Report managing editor The inaugural Freedom Fest in Morning View, Kentucky, drew a crowd of thousands to the farm of...

Health

Letter from St. E doctors and other healthcare professionals expresses strong opposition to mandate Deters law has received a copy of a letter from...