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US UoM Consumer Sentiment Fell To A More Than Two-Year Low And Long-Term Inflation Expectations Jumped By The Most Since 1993
US Univ. Of Michigan Showed Consumer Sentiment Fell To A More Than Two-Year Low And Long-Term Inflation Expectations Jumped By The Most Since 1993
— LiveSquawk (@LiveSquawk) March 14, 2025
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Another yucky University of Michigan inflation expectations reading
— Nick Timiraos (@NickTimiraos) March 14, 2025
Year-ahead inflation expectations jumped to 4.9% from 4.3%.
Three consecutive months of unusually large increases of 0.5 percentage points or more.
This month’s rise was seen across all three political… pic.twitter.com/1OEBfVw6bh
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University of Michigan consumer survey:
— Nick Timiraos (@NickTimiraos) March 14, 2025
• Consumer sentiment slid another 11% this month, with declines seen consistently across all groups by age, education, income, wealth, political affiliations, and geographic regions.
• Republicans posted a sizable 10% decline in their… https://t.co/Ua1lVVolkt
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Consumer sentiment continues to plunge on fears over Trump’s trade war, tumbling 11% this month
The Trump bump in consumer sentiment is now a Trump slump. Americans continue to grow worried over President Donald Trump’s escalating and haphazard trade war, according to the University of Michigan’s latest consumer survey released Friday. Consumer sentiment fell 11% this month, a preliminary reading showed, reaching its lowest level since November 2022. That’s a sharp retreat from December, after the US presidential election, when sentiment rose to its highest level in months. The Trump administration’s rollout of its long-promised tariffs has been both erratic and contentious: Earlier this month, Trump ... (full story)
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