I noticed an interesting point in the latest Federal Reserve New York consumer expectations data for February. It turns out Americans are quite calm about inflation in the US, despite the noise around oil prices. The annual inflation expectations have slightly decreased from 3.1% to 3%, and long-term forecasts remain unchanged.

Interestingly, the labor market remains relatively stable. People expect lower unemployment and are less afraid of losing their jobs compared to January. However, finding a new job is more challenging. This indicates mixed signals in the market.

From a financial perspective, the picture is mixed. Respondents noted that obtaining credit became more difficult in February, but overall they are somewhat more optimistic about their current situation. It's interesting that inflation in the US hasn't caused panic so far, although rising energy prices could change that. It seems people are still waiting to see how things will unfold and are hopeful for improved financing conditions in the future.