neutral
Recently
Federal Reserve survey shows short-term inflation expectations decline in October
U.
The Federal Reserve Bank of New York released its October 2025 Survey of Consumer Expectations, showing the median short-term inflation expectation among U.S. households fell to 3.1 % from 3.4 % in September. At the same time, medium and long-term expectations remained unchanged at 2.7 %. The survey also indicated mixed labour-market outlooks, with fewer respondents expecting job losses.
The results may influence upcoming rate-decision commentary from the Federal Reserve as inflation perceptions are seen as a key driver of monetary policy.