Compared with December 2025: median consumer perceptions of inflation over the past 12 months and median inflation expectations for the next 12 months decreased, while median expectations for three years ahead were unchanged and median expectations for five years ahead decreased slightly; expectations for nominal income growth over the next 12 months increased, while expectations for spending growth over the next 12 months remained unchanged; expectations for economic growth as well as for the unemployment rate over the next 12 months remained unchanged; expectations for growth in the price of homes over the next 12 ... (full story)