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May 15, 2023

Joanne Hsu’s monthly appearance on Bloomberg Markets

On the Friday following the Surveys of Consumers mid-month preliminary data release, Joanne Hsu discusses the results on Bloomberg Markets.

In her May appearance, Joanne Hsu said U.S. consumers are “feeling much more pessimistic about the future.” The Index of Consumer Sentiment came in lower than average and the inflation outlook exceeded expectations in both the short and long term readings.