Americans’ expectations for inflation over the next few years hit their highest levels last month since March 2014, with expectations of surging costs for housing, the Federal Reserve Bank of New York said on Monday.
In the bank’s Survey of Consumer Expectations for March, those polled said they see inflation at 3.2% a year from now, and at 3.1% three years from now. Both readings were up 0.1 percentage point from February.
Amid…
