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Consumer sentiment survey followed by the Fed shows inflation expectations ease slightly

A shopper inside a women's clothing store in the East Village neighborhood of Des Moines, Iowa, on Saturday, Feb. 5, 2022.Kathryn Gamble | Bloomberg | Getty ImagesA widely followed consumer sentiment survey released Friday showed inflation expectations have eased slightly.The University of Michigan's...

Inflation expectations hit record levels in May, New York Fed says

People shop in a supermarket as inflation affected consumer prices in Manhattan, New York City, U.S., June 10, 2022.Andrew Kelly | ReutersConsumer expectations for inflation and spending in the year ahead both hit record levels in May, the same month prices rose at...