Compared with August 2023: median consumer inflation expectations for the next 12 months increased noticeably, while expectations for three years ahead remained unchanged; expectations for nominal income growth over the next 12 months remained unchanged, but expectations for nominal spending growth increased slightly; expectations for economic growth over the next 12 months became more negative and the expected unemployment rate in 12 months’ time increased; expectations for growth in the price of homes over the next 12 months decreased slightly, and expectations for mortgage interest rates 12 months ahead rose ... (full story)