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Consumers see inflation easing considerably in the next year, New York Fed survey shows

Consumers see inflation easing considerably in the next year, New York Fed survey shows

Shoppers carry bags of purchased merchandise at the King of Prussia Mall on December 11, 2022 in King of Prussia, Pennsylvania.

Mark Makela | Getty Images

Consumers grew more optimistic about inflation in November amid expectations that both food and energy price increases would be less severe in the coming year, according to a New York Federal Reserve survey released Monday.

The central bank’s Survey of Consumer Expectations indicated that…


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