Fed Survey Shows Inflation Outlook Rises to 3.9%, Highest Since May 2023
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The Survey of Consumer Expectations indicated that the median outlook for inflation over the next 12 months rose to 3.9%.
This marks the highest inflation expectation recorded since May 2023, reflecting growing concerns among consumers about rising prices.
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“The Survey of Consumer Expectations indicated that the median outlook for inflation over the next 12 months rose to 3.9%.”
CNBC — Inflation fears on the rise as one-year outlook in Fed survey hits highest level since May 2023