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...