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"Steady Consumer Attitudes Despite Frustrating Inflation and High Gold Prices"

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Source: CNN
"Steady Consumer Attitudes Despite Frustrating Inflation and High Gold Prices"
Photo: CNN
TL;DR

Despite disappointing inflation reports, Americans' attitudes toward the economy have held steady, with sentiment largely unchanged in April according to the University of Michigan's consumer survey. Expectations of inflation rates remain mostly in check, although firmer-than-expected inflation readings have had some impact on perceptions. Wall Street's expectations for rate cuts have been pushed back, and President Joe Biden is addressing economic issues as he campaigns for reelection.

Topics:businesseconomy#consumer-sentiment#economic-outlook#economy#federal-reserve#inflation#president-joe-biden
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  1. Americans’ attitudes toward the economy hold steady despite disappointing inflation reports  CNN
  2. Consumers are getting frustrated with stalling inflation  Yahoo Finance
  3. Consumer sentiment falls in April on worries about sticky inflation  MarketWatch
  4. Gold prices trade near session highs well above $2400 as UofM Consumer Sentiment drops to 77.9  Kitco NEWS
  5. US inflation up, likely delaying Fed rate cuts, report says  The Associated Press

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