A customer shops for eggs at a H-E-B grocery store on February 08, 2023 in Austin, Texas. Wholesale egg prices have begun declining more than 50% since December record highs according to Urner Barry data.
Brandon Bell | Getty Images News | Getty Images
Consumers are getting more pessimistic about inflation and their access to credit, according to a survey the New York Federal Reserve released Monday.
Respondents expect prices to rise by half a percentage point in the year ahead, equating to a 4.7% annual gain, the central bank branch’s monthly Survey of Consumer Expectations for March showed.
That’s the first time the near-term outlook increased since October and runs counter to the…