Americans' inflation expectations dropped again in August, New York Fed says

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Americans' inflation expectations dropped again in August, New York Fed says
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The New York Federal Reserve released a new survey on Monday revealing that American households expect inflation to cool slightly over the next three years.

Apollo Global Management chief economist Torsten Slok analyzes the U.S. economy as the Federal Reserve tries to bolster the alleviation of inflation rates, on ‘Barron’s Roundtable.’

Consumers anticipate that prices will drop even further over the next five years, projecting that the inflation rate will hover around 2% in 2027.

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