Americans' inflation fears decline for first time in over a year, New York Fed survey shows

FOX Business ^ | 2/14/2022 | Megan Henney

[SaxxonWoods]

Americans' inflation fears declined for the first time in over a year in January, although concerns over rising prices remained near a record-high level, according to a key Federal Reserve Bank of New York survey published Monday.

The median expectation is that the inflation rate will be up 5.8% one year from now, down from an 11-year high of 6%, according to the New York Federal Reserve's Survey of Consumer Expectations. It marked the first time since October 2020 that consumers' short-term inflation expectations fell. Inflation expectations over the next three years also dropped to 3.5%, down from 4% last month.

[SaxxonWoods]

Posting to enjoy the screams and scenery chewing.

[JusPasenThru]

I guess one fears cancer left after he/she has carried the diagnosis for awhile.

[EvilCapitalist]

The first sentence leads me to believe that Americans are so stupid, that they do not understand what inflation is.

[mulligan]

Stupid is as stupid does.

[Da Coyote]

Uh, no.

[qaz123]

As the price of gas continues to go up, food getting more expensive, and a trucker strike on the way.....and inflation fears are declining. YUP. Sure. Got it. 10-4. Roger.

[Not_Who_U_Think]

I’ve moved on from worry about inflation to now pondering impending nuclear war.

[PeterPrinciple]

Americans’ inflation fears declined for the first time in over a year in January, although concerns over rising prices remained near a record-high level,

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Does anyone see a disconnect?

[dfwgator]

First he gets Putin to back down, now this.....Joe’s on a roll, LOL!

[EvilCapitalist]

That’s what I saw. See post 3.

[Sacajaweau]

That’s not what the meter at the pump told me.

[Pearls Before Swine]

To paraphrase POGO, “We have met the enemy, and are getting accustomed to it.”

[Mouton]

Maybe they interviewed from the 81 million who voted, allegedly, for The Bidet.

[ProtectOurFreedom]

Don’t forget many blue states have declared victory over COVID, too. Such great leadership.

[Oldeconomybuyer]

>>> The median expectation is that the inflation rate will be up 5.8% one year from now <<<

Double digits. Marxist morons are driving this bus.

[JayAr36]

If any data is in any way tied to the gooberment it can be considered a out and out LIE!

[The Louiswu]

“ I guess one fears cancer left after he/she has carried the diagnosis for awhile.”

Nope. That’s not it at all.

[goodnesswins]

WHO do THEY interview? Recent college grads?

[SaxxonWoods]

Just like with Covid, fear eventually fades and people learn to deal with issues rather than just wahh-wahh 24-7.

Monetary Collapse wet dreamers hardest hit.

[mewzilla]

🤣🤣🤣🤣🤣

Dang...I think I broke something.