Published: 2025-04-14T15:10:50.000Z
U.S. March NY Fed Survey shows near term consumer inflation expeactations up, but longer term still anchored
Senior Economist , North America
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The New York Fed’s Survey of Consumer Expectations shows the 1-year inflation view at 3.58% from 3.13%, reaching its highest since September 2023. However continued with the 3 and 5 year views still well anchored the Fed should feel relief at this data.
The 3-year view was unchanged at 3.00% while the 5-year view slipped t0 2.86% from 2.98%. This contrasts sharp accelerations in the Michigan CSI inflation views, where respondents tend to reflect their political biases.
