News

Consumer sentiment falls in May as Americans' inflation expectations jump after tariffs
Year-ahead inflation expectations rose to 7.3% from 6.5% last month, according to a University of Michigan survey.
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 ...
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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 ...
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 ...
US consumer sentiment slides to 3-year lows as trade war raises inflation anxiety
U.S. consumer sentiment fell slightly in May for the fifth straight month as Americans increasingly worry that President ...
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, ...