Does the US economy have a red light? New York Federal Reserve: Consumer inflation, sharp increase in housing price expectations, not optimistic about the labor market!
danieltaoys
发表于 2024-5-14 10:27:34
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The New York Fed's latest survey results released on Monday showed that in April, American consumers had an increase in expectations for inflation and housing prices, while their views on the labor market became negative, highlighting the unsettling situation of household finances and living costs. Specifically, consumers expect prices to rise at an annual rate of 3.3% in the following year, after hovering around 3% in the past four months. This is the highest level since November last year. At the same time, expectations for the speed of housing price increases have reached the highest level since July 2022, reaching 3.3%. Previously, for seven consecutive months, the value had remained at 3.0%.
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