The Federal Reserve Bank of New York’s Center for Microeconomic Data released the January 2019 Survey of Consumer Expectations, which shows that while short- and medium- term inflation expectations were unchanged, households were generally less optimistic about the economy and about future changes in their financial situation. Expectations that the unemployment rate will be higher a year from now increased for the fourth consecutive month, and expectations about government debt growth increased sharply. Regarding their own financial situation, respondents were less optimistic about future credit availability, and ... (full story)