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

87

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

Please log in to like, share and comment!

KL Rahul likely to open for Delhi Capitals in remainder of IPL 2025

Delhi Capitals are contemplating a batting order reshuffle, potentially promoting KL Rahul to...

By 0 0

Fans think Virat Kohli should be an actor after retirement

A resurfaced video of Virat Kohli displaying his flirtatious charm in a skit has ignited social...

By 0 4

'Hardik Pandya hasn't done that ... ': Gavaskar opens up

Mumbai Indians, after a slow start in IPL 2025, have turned their season around with six...

By 0 18

Shirui Lily festival: A five-day celebration of culture, nature and adventure in Manipur's Ukhrul

By 0 25

‘Big ban’ actions: How India is shunning Pakistan and its allies like Turkey & Azerbaijan - top 5 measures

Following the Pahalgam terror attack and geopolitical tensions, Indian companies and consumers...

By 0 63