Federal Reserve: U.S. short-term inflation and wage expectations decline

The report shows: In February, the median one-year inflation expectation decreased by 0.1 percentage points to 3.0%; the median one-year income growth expectation decreased by 0.2 percentage points to 2.5%; the proportion of consumers expected to be unable to make the minimum debt payment in the next three months fell by 2.1 percentage points to 11.6%, the lowest since February 2024.