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Fed chair Powell says 'economy is doing fine' despite declining consumer sentiment
Federal Reserve Chair Jerome Powell on May 7 said "the economy is doing fine" during a news conference after the Federal Open ...
Consumer sentiment plunges 8%
Americans are still dreading a recession and rising inflation, even after President Donald Trump paused his massive tariff hike on dozens of countries.
Powell: Hasn't been a strong link between weak sentiment data and consumer spending, but this is an 'outsize' change in sentiment
Federal Reserve Chair Jerome Powell reiterated his previous observation that a sharp deterioration in consumer sentiment gauges often don't translate into a sharp slowdown in consumer spending. At the ...
Barchart on MSN3d
Stock Index Futures Rally as U.S. and China Agree on Temporary Tariff Cuts, Inflation Data and Powell’s Remarks Awaited
S&P 500 E-Mini futures (ESM25) are up +2.78%, andJune Nasdaq 100 E-Mini futures (NQM25) are up +3.82% this morning after ...
What To Expect in the Markets This Week
CPI inflation, retail sales, consumer sentiment, housing data, trade meetings with China, and earnings from Walmart, Cisco, ...
Yahoo Finance20d
Consumer sentiment plunges 8%
The US consumer is clearly feeling uneasy in ... but they keep spending,” Fed Chair Jerome Powell said in remarks earlier this month. However, today’s economy is different from the one in ...