Trump Trade Policies and Federal Cuts Shake Consumer Confidence
The level in the Conference Board’s latest monthly survey was the lowest since January 2021.
Read more at The New York Times
Topics
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Trump tariffs push consumer sentiment to lowest level since 2022
President Trump's escalating trade wars have shaken confidence in the economy among Americans across the political spectrum, according to survey results released Friday. The University of ...The Hill - Mar. 14 -
Consumer sentiment slumps in March to lowest since 2022 as Trump tariffs spark more inflation worries
The University of Michigan's Survey of Consumers was expected to show a reading of 63.2 for March.CNBC - Mar. 14 -
Canada cuts rates as trade war shakes consumer and business confidence
Reduction to 2.75% comes hours after US tariffs on aluminium and steel take effectFinancial Times - Mar. 12 -
Consumer confidence in where the economy is headed hits 12-year low
Consumer confidence dimmed further in March as the view of future conditions fell to the lowest level in more than a decade.CNBC - 14h -
Britons cutting back on spending as confidence in economy falls, survey shows
Most feel financial secure but think UK’s economy is worsening, as chancellor plans welfare cuts in spring statement. Consumers are cutting back spending on everyday items amid falling confidence ...The Guardian - 1d -
Consumer expectations plunge to their lowest level in 12 years as recession signal blares
A measure of consumers’ short-term expectations has fallen to its lowest level in 12 years, ticking a figure that has historically signaled recessions ahead.NBC News - 20h -
A Tariff Tantrum: the Upheaval from Trump’s Trade Policies
Corporate chiefs see “chaos,” and investors see red as the effect of President Trump’s shifting trade policy begins to weigh on board rooms and trading rooms.The New York Times - Mar. 7 -
Consumer credit rose to $5 trillion in January — 'small cracks are starting to emerge,' analyst says
Revolving debt, which mostly includes credit card balances, jumped 8.2% in January, according to the Federal Reserve’s latest consumer credit report.CNBC - Mar. 10 -
Indonesia rupiah falls to lowest level since Asian financial crisis
Central bank intervenes in markets to ensure ‘stability’ of currency amid investor fears over cost of president’s policiesFinancial Times - 17h
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