Biden’s economic malaise marches on

Published November 8, 2021 12:00am ET



On Nov. 8, the Federal Reserve Bank of New York released its Survey of Consumer Expectations.

It shows economic anxiety over inflation, the labor market, and household finances. According to the survey, respondents are most on edge about inflation. For instance, “median inflation expectations increased by 0.4 percentage point to 5.7% at the one-year horizon, reaching a new series high.”

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