Internet reports that the Federal Reserve Bank of New York's Microeconomic Data Center released the October 2024 Consumer Expectations Survey. The one-year inflation forecast for the United States fell to 2.87% in October, hitting a four-year low. The U.S. one-year inflation forecast fell to 2.87% in October, the lowest since October 2020; the previous value was 3.00%. The median inflation uncertainty fell over the three-year and five-year periods. The median forecast for a rise in U.S. unemployment in the next year fell to 34.5%, the lowest since February 2022. Data showed a slight decline in household inflation expectations for the short, medium and long term, improved labor market expectations, and lower unemployment rates and unemployment risks were reported. Families surveyed said they were more likely to find a job if they were laid off. Views on credit acquisition improved in October, and expectations for future credit acquisition also increased. Households are less likely to report failing to pay their minimum debt on time within the next three months.