NY Fed Survey Shows Consumer Job and Finance Worries
A New York Federal Reserve report shows US consumers grew more concerned about their personal finances and jobs in August. Meanwhile inflation expectations remained mostly steady as markets await key data.
United States consumers reported steady 3.6% inflation expectations for the year ahead during Tuesday morning, while concerns over personal finances and job prospects increased. The New York Federal Reserve survey highlights growing economic anxiety as households brace for shifting labor market conditions. The data arrives ahead of a crucial central bank policy meeting.
