Reported 20 days ago
Following Donald Trump's election win, economic optimism among Republicans surged to its highest level since November 2020, while sentiment among Democrats plummeted to its lowest since September 2020. According to the University of Michigan's consumer sentiment survey, Republicans reported a significant increase in economic sentiment, while Democrats expressed concerns over future inflation due to anticipated policy changes. This political divide could impact how the Federal Reserve assesses inflation expectations, which have recently ticked upward.
Source: YAHOO