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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 ...
US consumer sentiment plummeted in May to its lowest since June 2022, driven by escalating inflation concerns tied to President Trump's trade policies. Despite recent tariff reductions with China ...
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 ...
U.S. stocks traded slightly higher this morning, with the Nasdaq Composite gaining around 0.2% on Friday. Following the market opening Friday, the Dow traded up 0.09% to 42,361.24 while the NASDAQ ...
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 ...
USD/MXN falls below the 19.30 psychological level after US PCE inflation softened in April. The Mexican Peso benefits from ...
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