X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Median inflation expectations hit a new series high in June, according to a new analysis from the Federal Reserve Bank of New York’s Center for Microeconomic Data.

The New York Fed’s June 2021 Survey of Consumer Expectations showed that median inflation expectations increased 0.8 percentage point at month to 4.8% at the one-year horizon. They are unchanged at 3.6% at the three-year horizon. At the same time, households’ labor market expectations improved, with expectations of unemployment reaching a new low. Year-ahead income and spending growth expectations also continued an upward drive, as did home price growth expectations.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.