Consumer sentiment sinks to record low as inflation fears rise
U.S. consumer sentiment fell to 49.8, a record low, as inflation fears stayed high despite lower pressure on gas prices after the U.S.-Iran ceasefire.
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U.S. consumer sentiment hits record low in April
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U.S. consumer sentiment sank to a record 49.8 in April as year-ahead inflation expectations rose to 4.7%, with gasoline and diesel prices driving the slump.
Record-low U.S. consumer sentiment diverges from stock market highs
Consumer sentiment hits a record low as war in Iran, higher gasoline prices and tariffs revive inflation fears, even with U.S. stocks near highs.