NY Fed Survey Shows No Inflation Panic

Breitbart ^ | 05/09/2025 | John Carney

[ChicagoConservative27]

A report from the Federal Reserve Bank of New York shows that American households are not bracing for a surge in inflation—instead, they’re growing more concerned about income, employment, and their financial outlook. The findings may bolster calls from President Trump and others for the Fed to begin cutting interest rates.

According to the New York Fed’s April Survey of Consumer Expectations, short-term inflation expectations remained steady at 3.6 percent, while five-year expectations edged down to 2.7 percent. Although medium-term inflation expectations ticked up slightly to 3.2 percent—the highest since mid-2022—the overall picture does not reflect widespread inflation anxiety.

What is rising instead is economic pessimism.

Expected income growth fell to 2.6 percent, a three-year low. Wage growth expectations dropped to 2.5 percent. And the average perceived probability of losing a job or struggling to find a new one reached its highest level since April 2020. Nearly 14 percent of households now believe they could miss a debt payment in the next three months.

Consumers also anticipate sharper price increases in rent, gasoline, and college tuition—areas less responsive to monetary policy—while expectations for broader inflation remain anchored.

[ChicagoConservative27]

Still in a Biden economy until what September?

[Revel]

If true then lets leave interest rates alone. Lets stop playing the Yo-Yo game with our economy. The one where we hit the crack pipe and then suffer the hangover. How about we get a real economy built on real and solid growth.

[Fury]

Here’s the link that the lazy hacks at breitbart did not provide:

https://www.newyorkfed.org/newsevents/news/research/2025/20250508

[Vaduz]

Consumers also anticipate sharper price increases in rent, gasoline, and college tuition.

Someone has a relative working at CNN.

[Cobra64]

We should pay down the nation’s debt too, before giving away freebies.