A closely-watched sentiment gauge shows that U.S. consumers grew more pessimistic in November while inflation expectations jumped to a 22-year high.
The closely-watched University of Michigan consumer sentiment survey shows a surge in inflation expectations and a drop in consumer confidence.
A record share of Americans say that high prices are eroding their standard of living, suggesting the fight against inflation is far from over.
A closely-watched sentiment gauge shows that U.S. consumers grew more pessimistic in November while inflation expectations jumped to a 22-year high.
The closely-watched University of Michigan consumer sentiment survey shows a surge in inflation expectations and a drop in consumer confidence.
A record share of Americans say that high prices are eroding their standard of living, suggesting the fight against inflation is far from over.