February 25, 2025
Why consumers are not feeling optimistic about the economy, and what the data says
The latest numbers from the Surveys of Consumers show a decrease in consumer sentiment. On National Public Radio’s Weekend Edition, Joanne Hsu said people worrying about where prices are headed: “We’ve seen two consecutive months of sizable increases in inflation expectations, both for the short run as well as the long run. People are really concerned that inflation could come surging back.”