The New York Fed's Survey of Consumer Expectations showed a 0.2 percentage point rise in respondents' expected inflation for both the next year and the next three years.

Americans expect higher inflation driven by medical care and rent. Inflation at 3.8% in June 2026 priced at 50.8% YES.

The NY Fed's June 2026 survey shows one-year inflation expectations hit 3.7%, the highest since 2023, driven by rent and medical care costs.