sentiment

Key Points: Consumer sentiment in July reached its highest level in five months, with pessimism for the short-term business outlook easing and expectations for inflation in a year falling to 4.4% from 5%, according to the University of Michigan. Household…

Key Takeaways: According to a survey by the University of Michigan, consumer sentiment has dropped by 11% this month, with inflation expectations reaching their highest level since 1981. The main cause of concern is the escalating global trade war, which…