Price pressures are expected to moderate due to the drop in energy prices following the signing of a preliminary US-Iran peace deal

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.

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.