US consumer sentiment drops as inflation expectations surge
U.S. consumer sentiment dropped unexpectedly in February to a seven-month low and inflation expectations rocketed as households feared it may be too late to avoid the negative effects on their purchasing power from President Donald Trump's threatened tariffs.
Americans fear faster inflation is on the horizon. The University of Michigan’s latest consumer survey, released Friday, ...
US stocks fell on Friday as investors reacted to the threat of more possible tariffs from the Trump administration while ...
Russia's economy grew by 4.1% in 2024, Russian Prime Minister Mikhail Mishustin told President Vladimir Putin on Friday, ...
This week’s forthcoming Consumer Price Index report could show easing year-on-year inflation, increasing the potential for Fed interest rate cuts in May or June 2025.
Consumer expectations for inflation popped to their highest levels in more than a year, threatening to become unanchored on the heels of strong economic performance in recent months. Inflation ...
But low unemployment and strong job growth have a downside: A robust job market can drive higher inflation, setting the Federal Reserve on a course to try to reduce it — which can mean a longer ...
Russian consumers purchased 75.6 metric tons of the precious metal, representing a 6% jump from 2023 and a 62% increase from ...
That could hamper the Federal Reserve’s goal of bringing inflation down to 2%. Fed officials have said consumers’ ...
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