January US Median Inflation Expectations Lowered for Short Term, Unchanged for Medium Term, According to NY Fed Survey
BY MT Newswires | ECONOMIC | 11:12 AM EST11:12 AM EST, 02/09/2026 (MT Newswires) -- Consumer expectations for one-year US inflation growth slowed to a 3.1% gain in January from a 3.4% gain in the previous month, according to a survey released by the New York Federal Reserve Bank on Monday.
The median inflation expectations remained at a 3.0% gain for the three-year period and at a 3.0% gain for five years ahead.
The median inflation uncertainty dropped to 3.3% from 3.5% in the one-year horizon and slowed to 3.3% from 3.6% for the three-year outlook.
Median home price change expectations declined to 2.9% from 3.0% while home price uncertainty remained at a 4.0% increase.
The median one-year expectations commodity prices growth slowed for gas, food, medical care and rent but rose for college education and gold.
Earnings growth expectations rose from December while the expectations of losing a job fell slightly.
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