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JPMorgan now estimates the US effective tariff rate is closer to 14%. The rise in the University of Michigan's June survey follows a similar signal from May's Consumer Confidence reading from The ...
US Federal Reserve chairman Jerome Powell has rebuffed US President Trump’s demand that something be done to rescue the stock market, as the central bank left interest rates unchanged even as economic ...
“The rebound was already visible before the May 12 US-China trade deal but gained momentum afterwards,” economist Stephanie Guichard said in a statement on the latest Consumer Confidence Index.
WASHINGTON — Americans’ views of the economy improved in May after five straight months of declines sent consumer confidence to the ... visible before the May 12 US-China trade deal but ...
Consumer confidence unexpectedly jumped to 98 in May, well above forecasts of 87.1, the Conference Board reports. Eric Winograd, AllianceBernstein chief economist, joins Catalysts host Julie Hyman and ...
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