Household Mood Worsens Dramatically In New Fed Poll

The good news is, inflation expectations in the new vintage of the NY Fed's monthly household survey were steady. The bad news is... well, everything else. Although the poll isn't a top-tier release, and thereby garners virtually no media attention, it was nevertheless eyed Monday for evidence that tariffs are fanning inflation concerns among US consumers. On that score, it was a relief that the price growth outlook was virtually unchanged at around 3% across all three polled horizons. But th