European Stock Markets React to Rising Bond Yields, Geopolitical Tensions, and Anticipation of US GDP Figures on Nostr: US Consumers Lower Inflation Expectations in May =============== #587d95f3 ver:0.5 US ...
US Consumers Lower Inflation Expectations in May
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#587d95f3 ver:0.5
US consumers lower inflation expectations in May as they anticipate prices to climb at a 3.3% annual rate over the next year, down from the previous expectation of 3.5%. They also expect costs to rise 3% over the next five to 10 years. Concerns about high prices, borrowing costs, the labor market, and the possibility of the Federal Reserve lowering interest rates contribute to the decline in consumer sentiment. #inflation #consumerexpectations #economy...
#newstr #UsConsumers #InflationExpectations #UniversityOfMichigan #ConsumerSentimentIndex
https://here.news/story/587d95f3?ver=0.5
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#587d95f3 ver:0.5
US consumers lower inflation expectations in May as they anticipate prices to climb at a 3.3% annual rate over the next year, down from the previous expectation of 3.5%. They also expect costs to rise 3% over the next five to 10 years. Concerns about high prices, borrowing costs, the labor market, and the possibility of the Federal Reserve lowering interest rates contribute to the decline in consumer sentiment. #inflation #consumerexpectations #economy...
#newstr #UsConsumers #InflationExpectations #UniversityOfMichigan #ConsumerSentimentIndex
https://here.news/story/587d95f3?ver=0.5