economy

The latest survey from the Federal Reserve Bank of New York reveals that Americans are becoming increasingly worried about accelerating inflation and weakening job opportunities. According to the data released Thursday, people expect the cost of living to rise, while confidence in finding new employment has dropped to a record low.

Inflation Expectations on the Rise
Surveyed households now anticipate that inflation will reach 3.4% over the next 12 months, up from 3.2% in November. Long-term expectations remain unchanged, with 3.0% projected inflation over both the three- and five-year horizons.

Record-Low Confidence in Finding a New Job
Among those currently employed, only 43.1% believe they could find a new job if they lost their current one—the lowest level since tracking began in 2013.
The biggest declines in job confidence came from:
Individuals earning less than $100,000 per yearPeople over 60 years oldThose with only a high school diploma

Household Finances: Debt Worries Intensify
An increasing number of Americans fear falling behind on debt payments. The chance of missing a minimum debt payment in the next three months rose to 15.3%, the highest level since April 2020, during the early days of the pandemic.
The most vulnerable groups include:
Adults over 60Households earning under $50,000Individuals without college degrees
Price Projections: Health and Housing Costs Lead the Way
When asked about specific categories, respondents predicted the following price increases:
🔹 Gasoline: +4.0% (slight decrease from last month)

🔹 Food: +5.7%

🔹 Healthcare: +9.9%

🔹 College tuition: +8.3%

🔹 Rent: +7.7%

Wages, Income & Spending: Real Growth Remains Weak
Expected wage growth declined to 2.5%, staying below the 12-month average.

Households believe their income will grow by 3.0%, while spending will rise by 4.9%.

Survey respondents said obtaining credit is now harder—and they don’t expect it to improve soon.

Job Security: More Fear of Layoffs
Probability of being laid off within a year: 15.2% (above the 12-month average)Likelihood of quitting voluntarily: 17.5% (decline)Chance of higher unemployment in 12 months: 41.8% (slightly down from November)
Government Debt & Market Outlook: Mixed Sentiment
Respondents expect U.S. federal debt to grow by 9.0% in 2026—well above the 12-month average of 6.5%.
In contrast, only 23.4% believe interest rates on savings accounts will rise in the next year.
Confidence in the stock market improved slightly, with a 38.0% chance that equity prices will be higher 12 months from now.

Summary: Americans Face Pressure from Both Sides
The U.S. public is increasingly caught between rising inflation and diminishing job security. The survey results arrive just ahead of critical economic data on employment and inflation, which could heavily influence the Fed’s next interest rate decision at the end of the month.

#Fed , #economy , #interestrates , #usa , #worldnews

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,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

#UsaJOBsDATA Breakdown: November 2025's Non-Farm Payrolls rose by 64,000 jobs, per Trading Economics and BLS data, beating forecasts and lowering unemployment to 4.1%. This robust employment growth suggests a resilient US economy, potentially delaying rate cuts but boosting investor confidence in risk-on assets like crypto.
Crypto coins stand to gain: Strong jobs data often correlates with higher consumer spending, driving adoption in Web3 and NFTs. Coins like Cardano ($ADA ) and Chainlink ($LINK ) could rally on DeFi momentum, while meme coins might surge on retail hype. However, overleveraged positions risk liquidations if data sours. Watch for January 2026 jobs report – continued strength could push BTC past $100K. Stay informed! #CryptoEdge #Altcoins #economy
#ADA #LINK

Treasury Secretary Scott Bessent is ramping up pressure on the Federal Reserve, calling for further interest rate cuts and framing them as the missing link in President Donald Trump’s economic vision for 2026.
Speaking Thursday before the Economic Club of Minnesota, Bessent declared:
“Cutting interest rates will have a tangible impact on the lives of every resident of Minnesota. It’s the one missing ingredient for even stronger economic growth. That’s why the Fed must not delay.”

Trump’s Agenda Gaining Momentum – But Fed Is Too Slow
The Federal Reserve has already cut rates three times in late 2025, totaling 75 basis points. The benchmark interest rate currently stands between 3.5% and 3.75%. However, the pace of easing is expected to slow significantly this year. Markets are currently pricing in just two further cuts, while Fed officials’ own forecasts suggest there may be only one.
According to Bessent, that’s not enough. He has emerged as one of the most vocal advocates of a more aggressive monetary path, enabling the Trump administration to fully implement its economic strategy centered on tax cuts, deregulation, and strong pro-growth policies.

Who Will Lead the Fed Next? Two Kevins in the Spotlight
Bessent is also overseeing the search for the next Fed Chair, with Jerome Powell’s term expiring in May 2026. The shortlist has narrowed to five names, with Kevin Hassett, former White House economic adviser, and Kevin Warsh, a former Fed governor and critic of post-2008 easy money policies, considered front-runners.
The decision will shape not just the direction of interest rates, but also market confidence in U.S. financial stability.

Inflation: A Risk Worth Taking?
Critics argue that an overly loose policy could reignite inflation, even as the labor market shows signs of cooling. Bessent, however, maintains that the benefits outweigh the risks, particularly within the framework of Trump’s economic doctrine.
“In 2025, the President laid the groundwork for robust growth: with the historic passage of the One Big Beautiful Bill, trade deals that rewrote decades of global imbalance, and a bold deregulatory agenda that empowered American entrepreneurs and businesses. Now in 2026, we’re beginning to reap the rewards of President Trump’s America First agenda.”
Trump’s doctrine includes new stimulus measures, federal infrastructure projects, and efforts to revive domestic manufacturing—all dependent on continued monetary support.

#TRUMP , #Fed , #ScottBessent , #interestrates , #economy

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,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“