New York Fed Reports Rising Concerns Over Financial Conditions

According to BlockBeats, on March 10, the New York Federal Reserve indicated that expectations for worsening financial conditions over the next year have reached their highest level since November 2023. The public anticipates significant increases in gasoline, rent, and food prices. Additionally, the probability of missing debt payments has risen to its highest point since April 2020, reflecting growing public concerns about credit and the job market.