Money
What Households Expect for the Next Year: Pay Up 2.6 Per Cent, Prices Up 3.9 Per Cent, the Widest Gap Since April 2023
Median one-year inflation expectations held at 3.9 per cent in October and expected earnings growth at 2.6 per cent, the Federal Reserve Bank of New York said on Monday. The average probability households put on higher unemployment a year from now rose to 45.3 per cent, the highest since April 2020.

