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.
Following Donald Trump's first few weeks as president, preliminary data shows consumer sentiment has dropped in February.
Americans fear faster inflation is on the horizon. The University of Michigan’s latest consumer survey, released Friday, ...
Consumer expectations for inflation popped to their highest levels in more than a year, threatening to become unanchored on the heels of strong economic performance in recent months. Inflation ...
Consumer sentiment continued to fall in February as worries over inflation and the possibility of higher prices to come from ...
U.S. consumer sentiment dropped unexpectedly in February to a seven-month low and inflation expectations rocketed as ...
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