According to a monthly survey released by the Federal Reserve Bank of New York, US inflation expectations rose in December, and consumer confidence in employment opportunities fell to its lowest level in at least 12 and a half years. These data highlight differences within Federal Reserve officials: some are more concerned about inflation, while others see rising unemployment as a greater risk. This disagreement is likely to keep the Federal Reserve on hold and not adjust interest rates at its next policy meeting later this month. The market is awaiting monthly employment data to be released by the Bureau of Labor Statistics on Friday, as well as consumer price data released on January 13. The New York Federal Reserve survey also showed that consumers expect the probability of not being able to repay the minimum debt amount on time in the next three months to 15.3%, the highest level since April 2020. At the same time, the percentage of respondents who think their financial situation will improve in the next year will rise to the highest level since February 2025.

According to a monthly survey released by the Federal Reserve Bank of New York, US inflation expectations rose in December, and consumer confidence in employment opportunities fell to its lowest level in at least 12 and a half years. These data highlight differences within Federal Reserve officials: some are more concerned about inflation, while others see rising unemployment as a greater risk. This disagreement is likely to keep the Federal Reserve on hold and not adjust interest rates at its next policy meeting later this month. The market is awaiting monthly employment data to be released by the Bureau of Labor Statistics on Friday, as well as consumer price data released on January 13. The New York Federal Reserve survey also showed that consumers expect the probability of not being able to repay the minimum debt amount on time in the next three months to 15.3%, the highest level since April 2020. At the same time, the percentage of respondents who think their financial situation will improve in the next year will rise to the highest level since February 2025.