“The Federal Reserve Bank of New York today released results from its August 2014 Survey of Consumer Expectations (SCE), which provides insight into Americans’ views on inflation, prices, the labor market and household finance. The median home price change expectation at the one-year ahead horizon in August was 3.5 percent, its lowest reading since the data series began in June 2013. Expectations regarding earnings growth and job separations remain toward the favorable end of their recent ranges. Finally, expected credit availability one year from now continued its steady year-long improvement.”