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Consumer confidence rises in US despite inflation, interest rate woes
WASHINGTON -- Consumer confidence in the U.S. rose in May after three straight months of declines, though Americans are still anxious about inflation and interest rates.
US consumer confidence improves; inflation concerns linger
U.S. consumer confidence unexpectedly improved in May after deteriorating for three straight months amid optimism about the labor market, but worries about inflation persisted and many households expected higher interest rates over the next year.
US consumer confidence rises in May after three months of declines
Consumer confidence in the U.S. rose in May following three straight months of declines, but Americans remain anxious about elevated inflation and interest rates
German Consumer Confidence Continues to Rise
The GfK forward-looking consumer-climate index for Germany forecast a rise in confidence in June, increasing for a fourth month in a row, as purchasing power is set to improve with easing inflation.
U.S. Consumer Confidence Unexpectedly Rebounds In May
Consumer confidence in the U.S. unexpectedly saw a significant improvement in the month of May, according to a report released by the
2h
on MSN
US consumers show the Fed its backward problem with high rates: Morning Brief
The chart of the day What we're watching What we're reading Economic data releases and earnings US consumers felt more ...
2h
on MSN
Mortgage Interest Rates Today, May 29, 2024 | Rates Stay Below 7% For Now
These are today's mortgage and refinance rates. As inflation decelerates, mortgage rates should fall. But they may not drop ...
18h
on MSN
US immigration surge risks keeping interest rates high for months
US interest rates are unlikely to fall for months, according to a top Fed official, who said surging immigration was likely ...
19h
US Economy News Today: Fed's Kashkari Sees Interest Rates at Current Levels for ‘Indefinite’ Period
Today, home prices hit a fresh high, and multiple measures of consumers' outlook hinted at their inclination to continue ...
33m
German Inflation Rises to 2.8% in May
BERLIN (Reuters) - German inflation rose slightly more than expected to 2.8% in May, preliminary data from the federal ...
18h
Fed Reserve President Kashkari Wants 'Many More Months' of Inflation Progress Before Cutting Rates
Fed Reserve President Neel Kashkari said the central bank should wait for significant progress on bringing down inflation ...
India Infoline
8h
US Rate Cut Hopes Fade, Weighing on Gold Prices
Gold futures were up 0.1% at $2,358.30, while spot gold was down 0.1% at $2,357.70 per ounce. In an interview with CNBC, ...
Palm Beach Post
9d
Should the Fed relax its 2% inflation goal and cut interest rates? Yes, some experts say.
Two percent
inflation
is more than just the Federal Reserve’s goal, one could argue, as it works to wrestle down ...
8d
on MSN
Oil eases on worries about US inflation, interest rates
Oil prices steadied on Monday amid political uncertainty in major producing countries after Iran's president died in a ...
2d
on MSN
This week: Consumer confidence, Dick’s Sporting Goods earnings and the latest US inflation reading
The Conference Board on Tuesday issues its consumer confidence index for May. On Wednesday, Dick’s Sporting Goods releases its latest financial results and on Friday the Commerce Department delivers ...
Opalesque
9d
Interest rates and US election are swaying hedge funds
In anticipation of the 2024 U.S. presidential election and the expected continuation of a high-interest rate environment, ...
13h
on MSN
Goldman Sachs shifts interest-rate outlook ahead of key inflation report
If coming monthly core PCE price indexes show year-on-year inflation in the low 2% range, most Fed officials will support a ...
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