Inflation levels across the United States are expected to surge to yet another record high, according to the Federal Reserve Bank of New York’s latest monthly Survey of Consumer Expectations (SCE) published on Monday.
The SCE contains information about how consumers expect overall inflation and prices for food, gas, housing, and education to behave. The report is based on a rotating panel of 1,300 households, and respondents participate in the panel for up to 12 months.
