NY Fed Survey of consumer expectations:1Y inflation higher @ 3.6% vs 3.4%. 5Y steady at 3%


  • April one-year-ahead expected inflation: 3.6% versus March’s 3.4%
  • April three-year-ahead expected inflation: Unchanged at 3.1%
  • April five-year-ahead expected inflation: Unchanged at 3.0%
  • April year-ahead home price rise expected: 3.0% versus March’s 3.3%
  • April year-ahead gasoline price expectations: Dropped “sharply”
  • Current and future access to credit views: Deteriorated versus March
  • April expectations for higher future unemployment: Rose to the highest level since April 2025
  • Households held mixed views on current and future finances in April
  • Median year ahead gas price growth expectations dropped sharply to 5.1% versus 9.4% spike from March
  • Median one year ahead earnings growth expectations rose to 2.7% but is lower from prior month 3.0%

This article was written by Greg Michalowski at investinglive.com.

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