U.S. Consumers’ Short-Term Inflation Outlook Jumps, N.Y. Fed Survey Shows

Reuters, July 12, 2021–Lindsay Dunsmuir
U.S. consumers expect the economy to continue its rapid resurgence from the COVID-19 pandemic over the next year, with forecasts for inflation, earnings, income growth and spending all increasing in June, according to a monthly survey released on Monday by the New York Federal Reserve.