Consumer Sentiment Index Hits Six-Month Low
The University of Michigan's Consumer Sentiment Index dropped to a six-month low of 67.4, indicating widespread concerns about inflation, interest rates, and labor market stability.
The University of Michigan's Consumer Sentiment Index dropped to a six-month low of 67.4, indicating widespread concerns about inflation, interest rates, and labor market stability.
Japan's expensive efforts to stabilize the yen have largely failed, underscoring deeper economic issues amid global financial tensions.
Ikea warns of economic strain as rising unemployment and lower energy use prompt retail price cuts in a slowing market.
Japan's yen keeps falling despite interventions, weighed down by energy dependence and eurodollar impacts.
The Federal Reserve's reduction in bond sales prioritizes government borrowing costs and may exacerbate inflation, marking a significant shift in monetary policy.
Senior loan officers across the United States disclose concerning findings, a notable decline in demand for industrial and household loans, suggesting looming economic turmoil.
The study reveals a notable rise in average credit card debt across the United States, reflecting ongoing financial turmoil for Americans.
China's economy faces deepening issues as lending and borrowing decline significantly, with total social financing down 11% from the previous year in Q1 2024.