Additional takeaways "Median inflation expectations remained unchanged in December at the one-year horizon at 3.0%."
"In contrast, median inflation expectations at the three-year horizon increased for the second consecutive month, from 2.8% in November to 3.0% in December."
"Median expected household income growth increased by 0.1 percentage point to 2.2% in December."
"Median household spending growth expectations decreased from its recent peak of 3.7% in November to 3.4% in December."
"Median one-year ahead expected earnings growth remained unchanged at 2.0% in December."