Consumers' view of short-term inflation held in the past month, but home price, earnings and spending growth expectations "returned to levels that prevailed during the second half of 2014," according to the Survey of Consumer Expectations, released by the Federal Reserve Bank of New York on Monday.
Regarding inflation, one-year and three-year expectations were at 2.9%, "essentially unchanged" from February.
Median home prices rebounded to 3.4% from 3.0%.
Median household spending expectations jumped to 4.5% from 3.8%.
Consumers see gas price growth in the next year at 5.9%, off from 8.6% last month.
Consumers see earnings rising 2.6% in the year, up from 2.2% in the prior month's survey.










