π Fed's Barkin on Job Market and Inflation
The Federal Reserve Bank of New York released its July 2026 Survey of Consumer Expectations today. This survey covers data collected from July 1 through July 31, 2026, concerning household views. Inflation expectations saw a slight drop in the short term, while labor market views were mixed across different metrics. Respondents felt less pessimistic about their current and future financial situations overall. The survey showed 1-Year Inflation Expectations at 3.63% and 3-Year expectations at 3.3%.