Reported about 10 hours ago
U.S. consumer sentiment fell in August, with the Consumer Sentiment Index dropping to 58.6 from 61.7 in July, as households brace for higher prices due to import tariffs. Concerns about inflation are escalating, leading to a notable decrease in buying conditions for durable goods. Additionally, consumers' inflation expectations for the next year rose to 4.9%, up from 4.5% in July.
Source: YAHOO