Economy News Why Consumers Are So Glum About An Economy Where Inflation Is Down And Jobs Are Plentiful
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Consumer spending stalled in September as inflation remained stubborn
The last piece of official inflation data to land before the Federal Reserve’s policymaking meeting next week was a shutdown-delayed report that showed the pace of price hikes remained stubborn in ... Read More
Here’s what the latest inflation and spending data reveals about the US economy
Key monthly metrics from the US government continue to be released now that the shutdown has ended. Next up: September wholesale inflation and retail sales. Read More
CNBC Daily Open: U.S. consumers think inflation will shoot up in the year ahead
The U.S. consumer hasn't felt so glum about the economy since November 2022, according to a survey by the University of Michigan. That's when annual inflation was at 7.1% and Federal Reserve Chair ... Read More
Americans Feel Bleak Despite Strong Economy — Here's Why
U.S. consumers feel unusually pessimistic despite solid economic data. With inflation cooling, wages rising and stocks at highs, experts like Ed Yardeni say sentiment doesn't match reality. Read More
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