AI Data Insight
The median of the latest US one-year inflation expectations for Q2 2026 rose to 3.6735%, significantly higher than the previous 3.4625%, marking a new high since September 2023. A New York Fed survey indicates that growing pessimism regarding personal finances and credit prospects, coupled with sticky core services prices, has driven a rebound in short-term inflation expectations, adding variables to the Federal Reserve's future rate-cut path.