Growing Share of Americans See Risk of Highest Inflation in Years

Even as U.S. policy makers play down an expected increase in the inflation rate over the coming months, a growing number of consumers see it rising to the highest levels in years.

The contingent of U.S. consumers who see inflation exceeding 4% in the year ahead rose to 44% last month -- the most since September 2013 -- according to results of the Federal Reserve Bank of New York’s monthly Survey of Consumer Expectations published Monday.