US consumer sentiment tumbles as long-term inflation expectations hit 32-year high
US consumer sentiment tumbled in March as long-term inflation expectations hit the highest level in 32 years, underscoring worries that Donald Trump’s economic policies are hitting the economy. The University of Michigan’s consumer sentiment index fell to a preliminary reading of 57.
The economic consensus of the moment is that higher prices are the same as inflation, and the Fed is the only governmental ...
As CPI report shows inflation continued at 2.8 percent in February, tariffs fueled worries of another recession, which ...
8don MSN
A high-yield savings account can help offset some higher costs due to rising inflation. Here's what to know now.
Headlines predicted bear markets, loss of savings, and encouraged talk of a recession on Tuesday after the European Union ...
Even moderate inflation, if not kept in check, can cause stress for businesses and consumers. There are several factors that contribute to inflation, including: • Demand-Pull Inflation ...
“Tariffs do not cause inflation when they’re imposed by the largest market in the world,” he added. The Chinese government is also likely to devalue its currency, to offset the effects of ...
Some analysts fear tariffs will not only make goods more expensive, but could create "stagflation" - a period of slow growth but high inflation.
On March 12, the Bureau of Labor Statistics (BLS) will release its February inflation report amid concerns that inflation could rise for a fifth straight month. Should the report show that prices ...
While high inflation hasn’t been the sore spot for US consumers that it was in 2022, inflation has remained sticky into 2025. As Morningstar senior reporter Sarah Hansen points out ...
Treasury Secretary Scott Bessent said President Donald Trump's tariffs are unlikely to raise inflation, in part because ...
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