Today 1:40 pm
Blackvegetable » 22 minutes ago » wrote: ↑ US consumer sentiment fell to a more than two-year low and long-term inflation expectations jumped by the most since 1993, illustrating growing apprehension about the economic impact from tariffs.
The preliminary March sentiment index dropped to 57.9, the lowest level since November 2022, from 64.7 a month earlier, according to University of Michigan data issued Friday. The figure was weaker than all estimates in a Bloomberg survey of economists.
Consumers expect prices to rise at an annual rate of 3.9% over the next five to 10 years, up 0.4 percentage point from the prior month and the highest in more than three decades. They saw costs rising at an annual rate of 4.9% over the next year, up from 4.3% and the highest since 2022.
US Consumer Sentiment Drops, Price Expectations Soar on Tariffs
https://www.bloomberg.com/news/articles ... on-tariffs
Hey Dickhead...
Your problem is you are a soulless liar with no credibility....and you're dickhead too!
