Great breakdown 👍
Shows how inflation isn’t the only thing Americans worry about.
Cas Abbé
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⚠️ AMERICANS FEEL THE PRESSURE EVEN WITH STEADY INFLATION
NY Fed data shows households are getting more worried about their finances:
• Inflation expectations stay calm
• But medical cost fears hit a 10-year high
• Home price growth seen at 3%
• Confidence in future finances dropped
The one bright spot: the labor market outlook improved, with fewer people expecting job losses and more expecting earnings growth.
This comes right before the Fed’s expected 25 bps cut on Wednesday — a key moment for markets.
NY Fed data shows households are getting more worried about their finances:
• Inflation expectations stay calm
• But medical cost fears hit a 10-year high
• Home price growth seen at 3%
• Confidence in future finances dropped
The one bright spot: the labor market outlook improved, with fewer people expecting job losses and more expecting earnings growth.
This comes right before the Fed’s expected 25 bps cut on Wednesday — a key moment for markets.
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