US consumer sentiment falls for fifth month amid inflation fears |...

Dununu.com Dununu

Sponsor

US consumer sentiment falls for fifth month amid inflation fears

RSS Feed Business

Posted

90

US consumer sentiment plummeted in May to its lowest since June 2022, driven by escalating inflation concerns tied to President Trump's trade policies. Despite recent tariff reductions with China, inflation expectations surged, with consumers anticipating a 7.3% rise over the next year. This persistent anxiety may influence the Federal Reserve's monetary policy decisions, potentially delaying interest rate cuts.

Read Full Article

Vă rugăm să vă autentificați pentru a vă dori, partaja și comenta!

Rajasthan Police Constable registration deadline extended: Apply by this date for 9617 vacancies

By 0 0

Amit quit Kai Po Che! on the first day due to Abhishek

Actor Amit Sadh has opened up about his 2013 film 'Kai Po Che!' and revealed that he walked out...

By 0 2

KJo is not supposed to show sympathy to Ibrahim, Khushi

Karan Johar has addressed the negative reviews his recent production venture 'Nadaaniyan'...

By 0 2

Sagarmatha Sambaad: Stakeholders call for boosting clean energy production

KATHMANDU: Speakers at the ongoing Sagarmatha Sambaad have called for greater production and...

By 0 7

Why are scammers still thriving in Southeast Asia?

Asian crime networks are expanding their multibillion-dollar cyber scam industry, constantly...

By 0 14