April US Median Inflation Expectations Accelerate for Short Term, Unchanged for Medium Term, According to NY Fed Survey

11:24 AM EDT, 05/07/2026 (MT Newswires) -- Consumer expectations for one-year US inflation growth accelerated to a 3.6% gain in April from a 3.4% gain in the previous month, according to a survey released by the New York Federal Reserve Bank on Thursday.

The median inflation expectations remained at a 3.1% gain for the three-year period and remained at a 3.0% gain for five years ahead for the eight consecutive month.

The median inflation uncertainty rose to 3.5% from 3.4% in the one-year horizon and slowed to 3.2% from 3.3% for the three-year outlook.

Median home price change expectations slowed to 3% from 3.3% while home price uncertainty was unchanged from a 4.0% increase in the previous month.

The median one-year expectations commodity prices growth slowed for all components which include food, cost of college education, medical care, gas, rent and gold.

Earnings growth expectations increased from March. The expectations of losing a job, finding a job and higher unemployment also increased.

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