Expectations for Inflation and Spending Hit Record Levels in May, New York Fed Survey Shows

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Expectations for Inflation and Spending Hit Record Levels in May, New York Fed Survey Shows
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Consumer expectations for inflation and spending in the year ahead both hit record levels in May, the New York Federal Reserve reported Monday.

Consumer expectations for inflation and spending both hit record levels in May, the New York Fed reported Monday.

Consumer expectations for inflation and spending in the year ahead both hit record levels in May, the same month prices rose at their fastest pace since late 1981, the New York Federal Reserve reported Monday.

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