Outlook for credit access hits record low while inflation expectations jump, NY Fed survey shows

(CNBC) Consumers are getting more pessimistic about inflation and their access to credit, according to the results of a monthly survey the New York Federal Reserve released Monday. Respondents expect prices to rise by half a percentage point in the year ahead, equating to a 4.7% annual gain, the central bank branch’s Survey of Consumer Expectations for March showed.

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