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March 29, 2022

Inflation worries drive US consumer confidence to 11-year low

While consumer concerns about inflation and the war in Ukraine grow, confidence in economic policies is falling. Richard Curtin says,

Just when difficult decisions need to be made about monetary and fiscal policies, consumers have expressed loss in confidence in government economic policies.

Moreover, most consumers are uncertain about the ultimate impact Putin’s war will have on their personal economic situation.

Read the article in The Guardian.