@bruce1

However, expectations for inflation over the next 5 to 10 years have risen to 3.1%. The survey, conducted from October 22 to November 4, highlights that consumers believe the future of the economy hinges on the outcome of the presidential election. Joanne Hsu, the survey director, noted that the economic policies of the next administration could significantly impact inflation, becoming a major concern for consumers and influencing their confidence in economic performance. The personal finance expectations index has reached its highest level since March, partly due to improvements in personal financial situations. Confidence in long-term business conditions has also jumped to its highest point in nearly four years.

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