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    Georgiann Baldino (obtener@mastodon.world)'s status on Monday, 24-Feb-2025 08:50:45 JSTGeorgiann BaldinoGeorgiann Baldino

    "(Reuters) - U.S. consumer sentiment dropped more than expected in February to a 15-month low and #inflation expectations rocketed as households worried that President Donald #Trump's plans for steep and broad-based #tariffs would eat into their purchasing power."

    https://finance.yahoo.com/news/us-consumer-sentiment-plunges-february-152726421.html

    In conversationabout 13 days ago from mastodon.worldpermalink

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      US consumer sentiment plunges in February on tariff worries
      The University of Michigan Surveys of Consumers on Friday said its Consumer Sentiment Index dropped to 64.7 from January's revised final reading of 71.7. Meanwhile households saw inflation over the next year surging to 4.3% - the highest since November 2023 - from 3.3% last month. Over the next five years households saw inflation running at 3.5% - the highest since 1995 - compared with 3.2% in January.
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