A Federal Reserve Bank of New York survey shows that US consumers’ expectations for inflation rise in June. The report, released Tuesday, indicates that Americans anticipate higher price increases both over the near term and the medium term. The survey points to strong expected increases in specific categories that consumers cite as likely to become more expensive, particularly medical care and rent. The increase in expected inflation suggests that respondents are adjusting their outlook as they look ahead to coming months and years. The available coverage focuses on the rise in expectations and the drivers highlighted by participants, rather than on any single policy or market development. The survey results therefore reflect a change in consumer sentiment about future inflation pressures, with medical care costs and housing-related costs featuring prominently in respondents’ expectations.