U.S. Consumer Sentiment Drops as Inflation Anxiety Soars

A new survey from the University of Michigan shows Americans bracing for economic pain as tariffs and policy uncertainty bite.

Topics

Consumer sentiment plunges on worries about tariffs and inflation

Long-term inflation expectations jumped in March, showing intensifying consumer worries about President Trump's trade wars.
CBS News - 3d
New data shows major drop in U.S. consumer sentiment

A new University of Michigan survey shows consumer sentiment in the U.S. has dropped significantly amid uncertainty about the economy. CBS News MoneyWatch correspondent Kelly O'Grady reports.
CBS News - 3d
As consumers fret, executives have been talking a little less about inflation — and more about this

Despite consumer sentiment hitting a 29-month low by one measure, executives have focused less on inflation — and more on AI — during their quarterly earnings calls.
MarketWatch - 1d
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 - 3d
Treasury yields rise as expectations for more inflation increase

U.S. Treasury yields rose on Friday as investors awaited consumer sentiment data and were relieved after tame inflation data this week.
CNBC - 3d
Consumer sentiment falls to a 29-month low. Uncertainty rises due to tariffs and Trump tumult.

A burst of optimism after Donald Trump won the presidential election has evaporated. Americans worry about rising inflation due to the president’s tariffs, a new survey shows, and they are put off ...
MarketWatch - 4d
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 - 3d
US consumers’ long-term inflation expectations hit 32-year high

Worse than expected data comes days ahead of Federal Reserve’s next meeting on interest rates
Financial Times - 3d
As Israel drops bombs on the occupied West Bank, some fear it will become a new Gaza

Once rare, Israel's use of airstrikes in the occupied West Bank has soared since Oct.
NBC News - 3d
Why a gold investment makes sense (even with inflation dropping)

Inflation dropped in February, according to a new report. Here's why a gold investment could be worth it anyway.
CBS News - 6d
Egg prices soar as inflation cools in first full month of Trump term

Inflation report arrives as markets slide and recession fears grow.
ABC News - 6d
Is the inflation drop good news for mortgage rates?

Inflation fell in February for the first time in five months, which could have an impact on mortgage rates.
CBS News - 5d
February consumer price index report shows slight inflation improvement

New numbers released today say that inflation has improved slightly, with the February consumer price index report showing a 2.8% rise from year before and price growth climbing 0.2% from January ...
NBC News - 6d
Consumer sentiment sours amid trade war, recession fears: Survey

The Trump administration's tariffs last week set off a market slump.
ABC News - 3d
U.S. consumers are starting to crack as tariffs add to inflation, recession concerns

Airline and retail executives are bracing for a slowdown in demand amid concerns tariffs will cut down consumer spending.
CNBC - 3d
Inflation takes it easy

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Inflation cools in Trump’s first month After a week of rising economic fears, the ...
The Hill - 5d
Here’s the inflation breakdown for February 2025 — in one chart

The consumer price index rose 2.8% in February from 12 months earlier. Inflation decelerated but economists fear tariffs will stall progress.
CNBC - 5d
Inflation Data Test May Rock Unsteady Stock Market

The U.S. consumer price index report could generate concerns if inflation is still simmering.
Inc. - Mar. 9
Key inflation data set to be released tomorrow. Here's what to expect.

Consumer Price Index data on Wednesday will give Americans, and the Federal Reserve, another readout on inflation.
CBS News - 6d
CNBC Daily Open: U.S. consumers think inflation will shoot up in the year ahead

The U.S. consumer hasn’t felt so glum about the economy since November 2022, according to a survey by the University of Michigan.
CNBC - 1d
We don’t need the Consumer Financial Protection Bureau — we have courts

President Trump has dropped several cases filed by the Consumer Financial Protection Bureau, leading to calls for 1 million lawyers to help consumers instead of a government agency.
The Hill - 2d
Stocks slide into correction as tariff anxiety persists.

The S&P 500 is on the cusp of closing in a correction, or a 10% drop from its February high. Constantly moving goal posts on tariffs and trade have rattled investors.
The New York Times - 4d
Toast, Shift4 lead drop in fintechs as investors exit stocks tied to consumer spending

Fintech stocks are under pressure as investors worry about companies heavily reliant on consumer spending.
CNBC - 4d
Inflation rises by 2.8% in February, slightly below expectations

The new consumer price index shows inflation cooled in February, coming in at a lower rate than economists expected. CBS News MoneyWatch correspondent Kelly O'Grady has a look at the numbers.
CBS News - 6d
Is the new inflation data a good sign for the U.S. economy?

New Consumer Price Index data showed inflation slowed in February, which may be a good sign for the U.S. economy for now. CBS MoneyWatch correspondent Kelly O'Grady reports.
CBS News - 5d
Hungary's leader orders price controls on basic foods as inflation spikes

Hungary’s government is limiting the profit margin for grocers on a number of basic food items in response to growing inflation hitting consumers in the Central European country
ABC News - Mar. 11
Bond rally fizzles despite cool CPI inflation reading. What that says about investors.

A fleeting reaction to a cooler-than-expected February inflation reading on Wednesday is a signal that investors are consumed by recession fears.
MarketWatch - 5d
China's consumer inflation turns negative for the first time in 13 months

The data comes as investors continue to look for signs that Beijing's stimulus measures can help to boost the country's struggling economic recovery.
CNBC - Mar. 9
Banks are feeling the strain as lower-income consumers struggle with inflation and tariff chaos

Banks are seeing lower credit-card spending, while delinquencies are rising.
MarketWatch - 4d
U.S. consumers are starting to crack as tariffs add to inflation, recession concerns

It’s not just Walmart.
NBC News - 3d
Data shows inflation slowed in February as investors navigate uncertainty in stock markets

Consumer price index data for February shows inflation slowed for the first time since September. It comes as investors navigate uncertainty over President Trump's tariffs. CBS News' Kelly O'Grady ...
CBS News - 5d
Economists forecast slowing US growth and increased inflation

Also in today’s newsletter, US’s campaign against the Houthis and the man moving Meta to the right
Financial Times - 2h
Echoing a Roman Emperor, Croatia Tries to Cap Soaring Prices

Diocletian, who once ruled territory that now includes Croatia, tried and failed to rein in inflation by dictating prices. Today’s government hopes its own such plan will succeed.
The New York Times - Mar. 9
DOJ investigates U.S. egg producers amid soaring prices

The Department of Justice is investigating major U.S. egg producers for price fixing, as costs continue to rise. It comes as some lawmakers and advocacy groups accuse top U.S. egg producers of ...
CBS News - Mar. 10
Fintech stocks plummet as Wall Street worries about consumer spending, credit

Fintech stocks were some of the biggest decliners on Monday as the Nasdaq suffered its steepest drop since 2022.
CNBC - Mar. 10
Big oil gathers in Texas – but beneath the bravado, Trump-induced anxiety

Energy summit in Houston makes clear US is nowhere close to curbing fossil fuels, but tariffs are causing disquiet. This week, the world’s most influential fossil-fuels conference, which has been ...
The Guardian - 3d
Inflation cools slightly in Trump's first month

Consumer prices rose slightly during President Trump's first full month in office, according to data released Wednesday by the Labor Department. The consumer price index (CPI) rose 0.2 percent in ...
The Hill - 6d
Plan to freeze key disability benefit may be dropped

Many usually loyal Labour MPs had voiced strong opposition to the idea of not increasing PIP in line with inflation, as part of expected welfare cuts.
BBC News - 2d
Asian defence stocks soar to record highs as Europe prepares to re-arm

Japanese and South Korean contractors gear up after Donald Trump threatens to withdraw US security umbrella
Financial Times - 5h