US Consumer Sentiment Declines Amid Rising Inflation and Tariffs
TL;DR Summary
Consumer sentiment in August declined due to new tariffs imposed by President Trump, with inflation expectations rising and economic growth slowing, though some sectors remain resilient amid ongoing trade tensions and policy changes.
- Consumer sentiment worsened in August amid sweeping new tariffs ABC News
- US Consumer Sentiment Falls as Inflation Expectations Climb Bloomberg.com
- People Are Feeling Better About the Economy Just as Data Worsens Investopedia
- Americans more worried about inflation and unemployment after new trade deals leave tariffs at highest level in decades MarketWatch
- Consumer Sentiment Unexpectedly Weakens The Wall Street Journal
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