US households expect higher near-term inflation, with one-year expectations rising to 3.4 per cent, driven by a sharp spike in gas price outlook to 9.4 per cent.
While job-finding prospects improved, unemployment concerns increased.
Household sentiment weakened amid rising spending expectations and stable income growth, with greater uncertainty and pessimism about future financial conditions.
While job-finding prospects improved, unemployment concerns increased.
Household sentiment weakened amid rising spending expectations and stable income growth, with greater uncertainty and pessimism about future financial conditions.
