Financial News: American Consumers' Inflation Expectations Rise, Job Findi

American Consumers' Inflation Expectations Rise, Job Finding Hopes Record Low - NY Fed Survey

09/08/2025 - 11:44:00 (RTTNews)

(RTTNews) - U.S. consumers' inflation expectations for the one-year ahead ticked up in August, while their hopes of finding a job sank to a record low, results of a monthly survey by the Federal Reserve Bank of New York revealed on Monday.

Median inflation expectations for the one-year ahead edged up to 3.2 percent from 3.1 percent in July, the NY Fed Survey of Consumer Expectations showed. The expected inflation for the three- and five-year ahead horizons were unchanged at 3.0 percent and 2.9 percent, respectively.

The latest survey was carried out among approximately 1,300 households from August 1 to August 31.

The NY Fed survey also showed that households' unemployment and job loss expectations worsened. The mean perceived probability of finding a job in the event of losing the current one fell sharply by 5.8 percentage points to 44.9 percent, which was the lowest since the series began in June 2013.

Unemployment expectations, which shows the probability that the U.S. jobless rate will be higher in a year from now, climbed by 1.7 percentage points to 39.1 percent. The likelihood of losing one's job in the next 12 months ticked up by 0.1 percentage points to 14.5 percent, the survey found.

Households' income growth expectations were unchanged for a second month in a row at 2.9 percent. Spending growth expectations edged up 0.1 points to 5.0 percent.

Expectations for future credit availability deteriorated and the perceived probability of missing a minimum debt payment in the year ahead increased.

A larger share of households reported a worse financial situation and a smaller share of households reporting a better financial situation, while expectations on the financial situation in the year ahead were balanced, the survey showed.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Brazil Industrial Output Shrinks 0.4% (08 hr(s), 42 min(s), 53 sec(s) ago)
(RTTNews) - Brazil's industrial production decreased less than expected in September after reb ...Full Story»

Slovenian Trade Balance Swings To Surplus In September (11 hr(s), 01 min(s), 53 sec(s) ago)
(RTTNews) - Slovenia's foreign trade balance turned to a surplus in September from a deficit i ...Full Story»

Spain Unemployment Increases Sharply (12 hr(s), 11 min(s), 53 sec(s) ago)
(RTTNews) - Spain's unemployment increased sharply in October, the labor ministry reported Tue ...Full Story»

Saudi Arabia Non-oil Private Sector Growth Quickens In October (13 hr(s), 10 min(s), 53 sec(s) ago)
(RTTNews) - Saudi Arabia's non-oil private sector logged its second-highest expansion in eleve ...Full Story»

Romania Producer Price Inflation Climbs To 28-month High (13 hr(s), 33 min(s), 53 sec(s) ago)
(RTTNews) - Romania's producer price inflation accelerated to the highest level in more than t ...Full Story»

Egypt Non-oil Private Sector Downturn Eases In October (14 hr(s), 04 min(s), 53 sec(s) ago)
(RTTNews) - Egypt's non-oil private sector contracted at a slower pace in October, survey resu ...Full Story»

Australia Keeps Interest Rate Unchanged (14 hr(s), 28 min(s), 53 sec(s) ago)
(RTTNews) - The Reserve Bank of Australia maintained its key interest rate as the full effects of ...Full Story»

Australia Holds Key Rate As Expected (36 min(s), 07 sec(s) ago)
(RTTNews) - The Reserve Bank of Australia maintained its key interest rate, as widely expected, on ...Full Story»