Inflation Expectations Stabilize, Ny Fed Reports
Stabilized inflation expectations, reported Neuer Kühn
The expectations of the future inflation of American consumers remained unchanged in December 2021, reports the Federal Reserve Bank of New York. At the same time, uncertainty and disagreement about the future inflation.It will be months, which will decrease an average annual interest rate of 4.0% in the next three years.
According to December 2021, these results are studies on consumer expectations (SCE), which were carried out by the Center for Microeconomic Data in the Federal Reserve Bank of New York on January 10, 2022.Researchers also contain the opinions of the opinions of researchers through the labor market and the financing of the household. They are summarized below the most important results in all of these areas.
- In December 2021, American consumers expected that inflation would be 6.0% in the next twelve months and 4.0% over the next three years.
- This was more optimistic about your future salary and your income growth as well as your ability to get a job to maintain or find a new one..
As mentioned above, the average expectation of the SCE is that inflation will be 6.0% in the next twelve months, which will decrease an average annual interest rate of 4.0% in the next three years.Increasing the increase in the rise of the increase in the increase in the increase increased real estate prices in the next twelve months to 5.5% from 5.0% in November.Counting lived, driven.
On the other hand, from November to December 2021, the respondents stated lower median expectations of inflation in various important areas in various important areas.From 9, 2% to 7.8% and the increase in the cost of university training from 9.1% decreased to 8.1%.% or 10.0%.
The average expectation of income growth over the next twelve months rose from 2.8% in November to 3.0% in December. The optimism of the business was most clearly with households that earned less than $ 50,000 per year.
The respondents have also registered lower expectations that American unemployment will voluntarily lose a job over the next twelve months or will voluntarily leave their current job. At the same time, the level of trust is one of the respondents that they can find a new job if they can find the current jobLosing, which has been highest since the pre-Pandeman reading in February 2020.The respondents who were at least forty years old and were most optimistic in this regard without university education.
The average expectation of family income in the next twelve months was 3.4% in December, which rose by 3.2% in November.School pronounced.
However, the respondents expected a slower growth in household costs in the next twelve months. In November the median expected that their expenses would increase by 5.7%. This fell to 5.5%in the December study.an annual household income of less than 50,000 US dollars and people with no more than an exam in the high school.
It was an easy improvement in the perception of the respondents of their current financial situations compared to a previous year, but a year ago, several respondents reported that their situations had become worse in the past twelve months instead of improving ourselves.We reduced the number of respondents who are financially disadvantaged for one year from November to December.
In December 2021, American consumers expected that inflation would be 6.0% in the next twelve months and 4.0% over the next three years.This was more optimistic about your future salary and your income growth as well as your ability to get a job to maintain or find a new one.
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