US Consumer Confidence Plunges As Inflation Fears Soar

May 14th 2021 10:09am EDT

US Consumer Confidence Plunges As Inflation Fears Soar After a dismal jobs print, one could be forgiven for thinking sentiment would be disappointing (but then again, being paid to sit on the couch sure beats working), but analysts expected further gains in the UMich confidence measure. Oh boy were they wrong, as higher inflation fears […]

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