New York Fed: Expectations for a deterioration in financial conditions over the next year are the strongest since November 2023

ChainCatcher news, according to the New York Fed, the expectation of a deterioration in financial conditions over the next year is the strongest since November 2023, with the public anticipating significant increases in the prices of gasoline, rent, and food. The probability of missing debt payments is expected to reach its highest level since April 2020, with growing public concerns about the credit and job markets.