The New York Federal Reserve released a monthly Survey that shows that consumers are becoming more pessimistic about inflation and their access to credit. Respondents expect prices to rise by half a percentage point in the year ahead, equating to a 4.7% annual gain, and credit access is becoming more difficult. The survey also showed less optimism about stocks, with just 35% expecting higher prices a year from now. The results come as the Fed considers whether to continue raising interest rates or to go on hold when it meets again in May.

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