
US Consumer Sentiment Slumps Amid Inflation and Job Fears
US consumer sentiment plunged to 55.1 in September as inflation and job concerns mount, signaling tighter spending ahead.
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US consumer sentiment plunged to 55.1 in September as inflation and job concerns mount, signaling tighter spending ahead.
April’s US tariffs sparked modest CPI upticks: 0.2% to 0.3% monthly. Hidden costs may be building as import duties bite. Young global citizens, entrepreneurs & travelers: what to watch.
U.S. beef prices jumped over 10% in July as the cattle herd shrinks, outpacing inflation. Consumers adapt with lean cuts and plant-based swaps amid tighter supply.
Rogoff warns high U.S. debt and political gridlock could trigger an inflation crisis within the next decade, highlighting the urgent need for transparent, sustainable fiscal policies.
U.S. President Trump’s Gulf visit prioritized securing $3-4 trillion in investments over conflict resolution, reflecting economic desperation and shifting Middle East dynamics.
U.S. egg prices hit record highs as bird flu outbreaks disrupt supply chains, adding pressure to global food costs.
The Federal Reserve pauses interest rate cuts amid rising core inflation and volatile food prices, signaling cautious economic recovery.
US consumer inflation eased to 2.9% in July, the smallest annual rise since March 2021, signaling positive progress for the Federal Reserve.
US inflation shows minor improvement in April with CPI at 3.4%, but strong job growth and housing costs keep pressure on the Federal Reserve’s rate decisions.
The IMF warns that rising U.S. inflation and fiscal deficits pose significant global risks, impacting developing nations and international trade dynamics.