U.S. President-elect Donald Trump holds an award during the FOX Nation's Patriot Awards at the Tilles Center on December 05, 2024 in Greenvale, New York.
Optimism about household finances hit a multiyear high following Donald Trump's presidential election victory in November, according to a New York Federal Reserve survey released Monday.
Even with the increase in sentiment, consumers' inflation outlook is still cautious, according to the New York Fed Survey.
Though Trump has made little mention of attacking the government's debt and deficit load, the outlook there improved as well.
The median expectation for growth in government debt was at 6.2%, down 2.3 percentage points from October and the lowest level since February 2020.
Persons:
Donald Trump, Donald Trump's, Joe Biden, Trump
Organizations:
FOX, Tilles Center, New York Federal Reserve, White, Republican, New York Fed Survey
Locations:
Greenvale , New York, New