Inflation Expectations Unchanged in March; Labor Market Expectations Retreat Slightly

The Federal Reserve Bank of New York's Center for Microeconomic Data released the March 2018 Survey of Consumer Expectations, which shows no change in short- and medium-term inflation expectations. Consumers were less optimistic about labor market outcomes. In particular, expectations about income growth, the U.S unemployment rate, and the probability of losing one's job all deteriorated slightly in March.

Source: New York Fed - Economic Research
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