US Consumer Confidence Continues to Decline as Americans Worry About the Future on Nostr: US Consumer Confidence Continues to Decline, Reaching Lowest Level Since 2022 Despite ...
US Consumer Confidence Continues to Decline, Reaching Lowest Level Since 2022 Despite Positive Economic Indicators
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#cc9ffa19 ver:0.77
US consumer confidence fell for the third straight month in April 2024, reaching the lowest level since mid-2022. Americans are skeptical about the jobs market and the overall state of the economy, with elevated price levels, especially for food and gas, dominating their concerns. Despite Americans' pessimism, wealthy Americans continue to drive spending, benefiting from lower interest rates on mortgages and contributing to ongoing inflation woes. The US Federal Reserve is expected to announce whether it is cutting interest rates, with stronger-than-expected inflation likely to lead to long-anticipated rate cuts being delayed. #ConsumerConfidence #US #Economy #Inflation...
#newstr #ConsumerConfidence #EconomicIndicators #Inflation #WageGrowth #FederalReserve
https://here.news/story/cc9ffa19?ver=0.77
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#cc9ffa19 ver:0.77
US consumer confidence fell for the third straight month in April 2024, reaching the lowest level since mid-2022. Americans are skeptical about the jobs market and the overall state of the economy, with elevated price levels, especially for food and gas, dominating their concerns. Despite Americans' pessimism, wealthy Americans continue to drive spending, benefiting from lower interest rates on mortgages and contributing to ongoing inflation woes. The US Federal Reserve is expected to announce whether it is cutting interest rates, with stronger-than-expected inflation likely to lead to long-anticipated rate cuts being delayed. #ConsumerConfidence #US #Economy #Inflation...
#newstr #ConsumerConfidence #EconomicIndicators #Inflation #WageGrowth #FederalReserve
https://here.news/story/cc9ffa19?ver=0.77