US consumer sentiment drops as inflation expectations surge
U.S. consumer sentiment dropped unexpectedly in February to a seven-month low and inflation expectations rocketed as households feared it may be too late to avoid the negative effects on their purchasing power from President Donald Trump's threatened tariffs.
Americans fear faster inflation is on the horizon. The University of Michigan’s latest consumer survey, released Friday, ...
US stocks fell on Friday as investors reacted to the threat of more possible tariffs from the Trump administration while ...
Russia's economy grew by 4.1% in 2024, Russian Prime Minister Mikhail Mishustin told President Vladimir Putin on Friday, ...
Keen observers on social media recently pointed out that in the movie “Home Alone,” the McCallister’s pizza order costs about ...
When inflation rises, interest rates usually follow as the Federal Reserve tightens monetary policy to control the rise in ...
This week’s forthcoming Consumer Price Index report could show easing year-on-year inflation, increasing the potential for Fed interest rate cuts in May or June 2025.
PIMCO Income Strategy Fund's high yield of 11.45% and its recent performance in the changing bond market landscape.
That could hamper the Federal Reserve’s goal of bringing inflation down to 2%. Fed officials have said consumers’ ...
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