Covid has been the worst levels of unemployment since Fed survey shows

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On April 11, 2025, People in Walmart in Walmart in Rosemead, California.

Frederic J. Brown | AFP | Getty pictures

Consumer concerns were released on Monday, a federal reserves of the New York request, as a global trade war in inflation, unemployment and the stock market.

The monthly research of the Central Bank’s consumer expectations, 3.6% from today, the increase in half an increase in half an increase in February and the highest reading since October 2023.

In addition to concerns on a Higher price of living Discourages on the labor market: the likelihood of unemployment will be higher in a year, 4.6 percentage points and the highest level returns to the previous pandemic days of April 2020.

The survey also showed Angst on uncertainty, which converted to problems for the stock market prices.

This expectation The market will be higher A year of up to 33.8% of the low slip, the lowest reading of the lowest in 2022, a 33.8% decrease of 3.2 percentage points.

The questionnaire reflects other readings Michigan University Consumer SurveySince November 1981, the highest level in the middle of April shows one year expectations.

In the New York Fed size, the survey took place before the president Donald Trump‘s April 2 “Freedom Day” Tariff announcement, as well as 90-day postponement of the order a week later. However, this is in accordance with other measures affecting the concerns of a large number of consumers, and even market-based measures are inflation between the merchants.

Expectations for inflation on the five-year horizon are actually reduced to 0.1 percent and 3% to three years, 0.1 percent and changed. The worldview for food prices for more than May 5.2% is the highest level since May 2024, and it is 7.2% and a half dot for rent. The worldview for medical care costs also jumped for the largest 7.9% increase since August 2024.

Respondents expect gasoline to increase by 3.2%, the February is a point of 0.5 percent.

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