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Story perspectives

Inflation Expectations Rise Amid Growing Job Loss Fears

10/7/2025

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Story summary
  • The Federal Reserve Bank of New York survey shows rising inflation expectations, especially among lower- and middle-income households.
  • One-year expectations rose to 3.4% in September, up from 3.2% the prior month.
  • Five-year expectations rose to 3% from 2.9%, while three-year expectations remain at 3%.
  • Consumer sentiment deteriorates as job-loss fears rise, though some feel better off than a year ago.