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Published: 2025-10-07T15:13:42.000Z

New York Fed survey shows U.S. inflation expectations higher in September

5

The New York Fed’s September Survey of Consumer Expectations shows modest rises in inflation expectations on a 1, 3 and 5-year basis.

The 1-year view at 3.38% from 3.20% and the 3-year view at 3.05% from 3.00% are both the highest since April, immediately after the tariff announcement, while the 5-year view of 2.97% from 2.73% in the highest since February. Median expected earnings growth in contrast slipped, to 2.45% from 2.54%.

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