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Nearly three-fourths of respondents spontaneously mentioned tariffs, according to the University of Michigan’s latest consumer survey.
US consumer sentiment unexpectedly fell to the second-lowest level on record and inflation expectations climbed to multi-decade highs amid growing concerns about tariffs. The preliminary May ...
Stock gains are limited today after the University of Michigan US May consumer sentiment index unexpectedly fell to a 3-year low. Also, the University of Michigan US May inflation expectations ...
Meanwhile, bond markets reacted by pricing in slower economic momentum. The 30-year U.S. Treasury yield dropped to 4.91%, ...
Cooling inflation data drives Fed rate cut bets, sending the US Dollar lower. GBP/USD eyes breakout; EUR/USD hits fresh multi ...
Consumer sentiment edged up at the end of May, reversing losses from earlier in the month stemming from concerns over tariffs. The University of Michigan’s consumer sentiment index rose to 52.2 from ...
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