This survey was done before ‘Liberation Day’
- 3-year inflation unchanged at 3%
- 5-year inflation down to 2.9% from 3.0%
- Households more pessimistic about jobs and future earnings
- Found accelerating food and rent expected
- Households more downbeat on finances and credit access
- Share of households seeing worse financial situation highest since Oct 2023
- Expectations for stocks to rise is at lowest since June 2022
This article was written by Adam Button at www.forexlive.com.
