The February 2017 Survey of Consumer Expectations
shows a slight uptick in median three-year-ahead inflation expectations, which reached 3.0 percent, a level last attained in July 2015. The labor market outlook of consumers was mixed, with job loss and unemployment rate expectations improving, but job finding expectations weakening slightly. However, financial expectations (including expected household income and spending growth) generally improved. The median expectation regarding year-ahead change in taxes (at current income levels) reached the lowest level since the series began in June 2013.
For more details:
Press Release: Slight Uptick in Consumers’ Medium-Term Inflation Expectations