Reported about 13 hours ago
Despite a robust job market and increased consumer income, concerns about rising inflation and potential tariffs under President-elect Trump are creating anxiety among consumers. Recent reports indicate that consumer expectations for inflation have surged, while stock markets are reacting negatively to fears of the economy overheating. Analysts suggest that the Federal Reserve's easing policies may be at risk due to these pressures, leading to increased borrowing costs and declining business profits.
Source: YAHOO