Consumer sentiment has turned south as high prices weigh on households. Could that crimp big pieces of the president’s economic agenda, including tariffs?
Tuesday's Conference Board data on U.S. consumer confidence dealt a massive blow to sentiment and played its part in driving Wall Street to a five-week low. The report showed heightened inflation expectations fueled by President Trump's rapid-fire moves over trade and tariffs,
The American consumer is getting worried about the economy. Economic jitters are showing up across various sentiment surveys as the Trump administration aims to reconfigure America’s trade relationship with the world and inflation shows signs of getting stuck.
Over 75% of Americans say they are cutting back spending and over half are electing to put off plans to account for the changing economic climate, according to a new Wells Fargo report.
The public is getting impatient for President Donald Trump to fulfill his campaign promises to "end inflation," but it might be on its way down all on its own.
Rising inflation expectations spark concerns as consumer confidence shifts. Click for my look at the markets as they respond to shifting consumer confidence.
Consumer confidence declined sharply in February, notching its biggest monthly decline in nearly four years as uncertainty related to Trump's trade policy also lifted inflation expectations, according to new data released Tuesday morning.