How the Iran war affects Americans' inflation expectations

Data: Federal Reserve Bank of New York; Chart: Courtenay Brown/AxiosAmerican consumers are bracing for an Iran war inflation jolt, though they don't anticipate the effects will linger.That's the upshot of the New York Federal Reserve Bank's March Survey of Consumer Expectations, the first to capture sentiment since the war began.Why it matters: So far, that is more consistent with a one-time inflation surge than the alternative outcome that might alarm the Fed: signs of unmooring in long-run inf...