Reported about 4 hours ago
Consumer sentiment in the U.S. fell to 68.9 in October from 70.1 in September, according to a survey by the University of Michigan. High prices continue to frustrate consumers, despite some easing in inflation expectations. The one-year inflation forecast increased slightly to 2.9%, while the five-year outlook decreased to 3.0%. Overall, while business conditions showed improvement, concerns about personal finances linger.
Source: YAHOO