March US Median Inflation Expectations Accelerate for Both Short Term and Medium Term, According to NY Fed Survey

BY MT Newswires | ECONOMIC | 11:18 AM EDT

11:18 AM EDT, 04/07/2026 (MT Newswires) -- Consumer expectations for one-year US inflation growth increased to a 3.4% gain in March from a 3.0% gain in the previous month, according to a survey released by the New York Federal Reserve Bank on Tuesday.

The median inflation expectations accelerated to a 3.1% gain from a 3.0% gain for the three-year period but remained at a 3.0% gain for five years ahead.

The median inflation uncertainty increased to 3.4% from 3.0% in the one-year horizon and increased to 3.3% from 2.9% for the three-year outlook.

Median home price change expectations rose to 3.3% from 3.0% while home price uncertainty jumped to a 4.0% increase from a 3.7% increase in the previous month.

The median one-year expectations commodity prices growth rose for gas, food, rent and gold, while it slowed for cost of college education and remains unchanged for medical care

Earnings growth expectations fell from February, while the expectations of losing a job, finding a job and higher unemployment increased.

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Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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