Day: January 12, 2016

Fed Survey finds Consumers Expecting Low Inflation and Wages to Match

A recent survey conducted by the Federal Reserve Bank of New York indicated that the public expectations regarding household income growth and spending have declined, and consumers are conflicted about their expectations regarding job security. Respondents are surveyed over the course of 12 months so their opinions can be monitored over time. When it came to inflation, respondents’ predictions generally

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