It's a big week for inflation data. What do we know about consumers' expectations?

Aug 12, 2024
The New York Fed is scheduled to report on consumer inflation expectations Monday morning, producer prices Tuesday and the consumer price index on Wednesday.
Inflation expectations “don’t matter at all" when it comes to consumers spending their money, according to Robert Frick at Navy Federal Credit Union.
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Federal Reserve survey shows consumer inflation expectations holding steady

Apr 8, 2024
Households expect inflation to be 3% in a year. While that’s not up from the previous month, it’s also not down.
For consumers, it's important that the Fed expresses its commitment to getting inflation down to 2%, no matter how long it takes, economist Carola Binder said.
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What do different measures of inflation tell us?

Jun 30, 2022
The PCE and CPI measure different things, but the message they send to consumers may influence expectations — that then can affect inflation.
One thing that can really mess with what inflation is doing? What consumers think inflation will do.
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