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

Those reporting that credit is much or somewhat harder to get than a year ago rose to 58.2%, the highest ever.

Respondents to a New York Fed survey expect prices to rise by half a percentage point in the year ahead, equating to a 4.75% annual gain.

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 monthly Survey of Consumer Expectations for March showed.

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