US consumers are feeling the most optimistic since September 2021 | CNN Business

  • 📰 CNN
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 95%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Consumer sentiment tracked by the University of Michigan rose 13% in July, the second straight month of improvement and the biggest over-month gain since 2006, according to a preliminary reading released Friday morning

. The index reached its highest level since September 2021. Meanwhile, the report showed that consumers’ expectations for inflation rates remained at their lowest levels since early 2021. Consumers see inflation rates of 3.4% in the year ahead, and while that’s well below last year’s 5.4% peak, it’s slightly higher than the previous reading.

“I feel like we are on a golden path of avoiding recession,” Chicago Fed President Austan Goolsbee told CNBC last week. Headed for a soft landing? Still, Americans face a tough economic landscape in the months ahead as they reckon with debt they’ve racked up in the past year and the resumption of student loan payments, though the Biden administration recently announced that 804,000 borrowers will have their student debt wiped away, totaling $39 billion, in the coming weeks.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 4. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Disney extends CEO Bob Iger's contract through 2026 | CNN BusinessThe Walt Disney Company’s board has unanimously voted to extend CEO Bob Iger’s contract through the end of 2026 — an extension of two years.
Sumber: cnnbrk - 🏆 393. / 55 Baca lebih lajut »

IMF approves $3 billion bailout for cash-starved Pakistan | CNN BusinessThe International Monetary Fund’s board approved a $3 billion bailout program for Pakistan which will immediately disburse about $1.2 billion to help stabilize the South Asian ailing economy, the lender said on Wednesday.
Sumber: cnni - 🏆 326. / 59 Baca lebih lajut »

FTC to appeal Microsoft/Activision Blizzard merger | CNN BusinessThe Federal Trade Commission said Wednesday it would appeal a decision from earlier this week by a district court judge allowing Microsoft to close its $69 billion Activision Blizzard merger.
Sumber: cnni - 🏆 326. / 59 Baca lebih lajut »

Actors set to strike after talks with major studios and streaming services fail | CNN BusinessA union representing about 160,000 Hollywood actors is poised to go on strike after talks with major studios and streaming services have failed.
Sumber: cnnbrk - 🏆 393. / 55 Baca lebih lajut »