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Consumer Confidence Continues Slide, Remains Above Recession Line

Consumer confidence continued to slide down in January, according to data from The Conference Board, however, experts feel the downtrend is not outside of the range it’s been in the past few years. “Consumer confidence has been moving sideways in a relatively stable, narrow range since 2022. January was no exception,” said Dana M. Peterson,… […]

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Fed’s Evans says he doesn’t fear 2.5% inflation, or even above

(Reuters) – The Federal Reserve will keep interest rates at zero until the economy reaches full employment, inflation is “sustainably” at 2% and the Fed is confident it will overshoot that goal, Chicago Federal Reserve President Charles Evans said Wednesday….(read more) Forward this article via email:  Send a copy of this story to someone you know […]

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