The Federal Reserve (Fed, the US central bank) of New York published this Monday (9) a survey on consumer expectations in the United States in April.
According to him, the survey shows that inflation expectations fell in the 1-year horizon, but increased in the 3-year horizon.
At the same time, consumers continue to have a positive assessment of their prospects in the labor market, with expectations that wage growth will remain stable, at the highest in the series in the survey, and with expectations of job loss close to the historic low in this search.
“Household spending expectations over the next year have also advanced to a series high,” the NY Fed said in a statement.
Perceptions of access to credit within a year fell for the fourth month in a row.
The median of one-year inflation expectations dropped from 6.6% in March to 6.3% in April. For three years, they increased from 3.7% to 3.9%.
The survey also showed that, for those consulted, the uncertainty about the median of future inflation is the highest in the historical series for the short term, remaining unchanged, but also at the historical maximum, in the medium term horizon.
Source: CNN Brasil
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