Americans’ expectations for inflation over the near and medium term rose in June amid strong increases anticipated for medical care costs and rent, according to a Federal Reserve Bank of New York survey released Tuesday.
Commuters at Grand Central Station during the afternoon commute in New York, US, on Tuesday, June 16, 2026. Officials are urging residents and visitors to take public transportation, especially subways and commuter rails, as roadways throughout the area and bridges and tunnels going in and out of Manhattan will see heavier traffic during the World Cup.
Federal Reserve Bank of New York President John Williams said he expects falling energy prices to drive a drop in overall inflation over the next few months, while reiterating the central bank’s policy is in a good place for now.
Federal Reserve Bank of New York President and CEO John Williams
Anmelden
