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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Economy
Macro indicators, policy shifts, and economic forces shaping growth and inflation.
U.S. consumer sentiment hits record low 49.8 in April amid Gulf fuel shock
The University of Michigan index fell to an all-time low of 49.8 in April as higher fuel costs tied to the Iran war hit household sentiment.
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U.S. consumer sentiment hits record low in April
Russia cut its key rate to 14.5% for the eighth straight time, even as the central bank flagged slowing demand, weak investment and “unfavourable weather conditions.”
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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.
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Consumer sentiment sinks to record low on inflation fears
U.S. consumer sentiment hit a record low in April as inflation fears rose even after a ceasefire with Iran briefly eased war jitters.
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U.S. consumer sentiment hits record low on inflation fears
U.S. consumer sentiment fell to a record 49.8 in April as inflation expectations jumped and fuel costs kept rising.
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Consumer sentiment hits record low as war-driven price shocks spread
U.S. consumer sentiment fell to a record low in April as war fears lifted expectations for fuel, food and freight costs.
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Gas shock sends US consumer sentiment to record low
U.S. consumer sentiment fell to a record low in April as gas prices kept feeding inflation fears. The University of Michigan reading slipped to 49.8.
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Economy Watch
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US activity rebound masks 2022-high price pressures
S&P Global said the flash composite PMI climbed to 52.0 in April, while firms raised selling prices at the fastest pace since July 2022 and input costs hit an 11-month high.
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U.S. PMI rises, price pressures at 2022 high
U.S. business activity improved in April as S&P Global’s flash composite PMI rose to 52.0, but the output-price gauge jumped to 59.9, its highest since July 2022.
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S&P Global PMI points to slower growth and hotter inflation
U.S. business activity rebounded in April as S&P Global's flash PMI rose to 52.0, but price pressures hit a nearly 4-year high amid Iran war supply disruptions.
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