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Consumer Sentiment
April CPI report: How Trump’s tariffs slowed inflation
A new consumer price index (CPI) report released this week shows inflation may be cooling—but not for the reasons you might expect. Economists say tariffs first implemented under former President Donald Trump could be playing ... more
US Economy Achieves Rare Growth, Eases Inflation Concerns
The U.S. economy is demonstrating remarkable resilience, achieving a rare feat of strong growth paired with easing inflation. In the second quarter of 2024, the economy expanded at an annualized rate of 2.8%, surpassing expectations ... more
Consumer Sentiment Declines Amid Persistent Inflation Worries: What Does That Mean For Economy?
Consumer sentiment has taken a hit in July, reflecting ongoing concerns about high prices and inflation. The University of Michigan’s Consumer Sentiment Index dropped to 66.4, down from 68.2 in June, indicating a growing wariness ... more
