1. NY Fed Survey: Consumer Inflation Expectations Surge, Led by Highest Gas Price Fears Since 2022
Consumer inflation fears are accelerating ahead of key economic data, with the New York Fed's March survey showing a sharp jump in short-term expectations. The one-year-ahead inflation outlook surged to 3.42%, matching its highest level since April 2025 and marking a significant rise from February's 3.00%. This spike w...