US consumer sentiment

[WASHINGTON] US consumer sentiment rose in early July to a five-month high as lower petrol prices boosted morale.

Trump has slapped a raft of tariffs on a wide range of goods from key trade partners such as Canada, China and the European Union, which have responded with duties of their own

US CONSUMERS dialled back the pace of borrowing in February after a near-record increase a month earlier.

US CONSUMER confidence fell this month by the most since August 2021 on concerns about the outlook for the broader economy, adding to evidence that uncertainty over the Trump administration’s policies is weighing on households.

Expectations about household incomes also rise to the highest level since June

The slower sales figure is not expected to have a major impact on the US Federal Reserve’s calculus as it mulls over the size of rate cuts, an economist says

US CONSUMER sentiment improved in September amid subsiding inflation, though Americans remained cautious ahead of the November presidential election, a survey showed on Friday (Sep 13).

The sentiment index climbed to 67.8 from 66.4 in July

Average prices charged for goods and services rose at the slowest rate since January