US annual inflation in JulyThe latest survey from the Federal Reserve Bank of New York reveals an improvement in Americans’ outlook on both the job market and future inflation. Conducted in July, the survey indicates a slight decline in one-year inflation expectations to 3.6% from 3.7% in June, while longer-term expectations remained steady. The Federal Reserve Bank of New York’s survey shows improved consumer expectations for job prospects and a slight reduction in near-term inflation expectations. Longer-term inflation expectations remain steady, implying a consistent outlook among consumers for economic stability. Additionally, updates from the Federal Reserve regarding economic policy changes may further shape market sentiment and expectations for inflation outcomes.