Joanne Hsu
scientist
29 stories
28 quotes
The current reading substantially exceeds the 3.4% seen in February before the Iran conflict began, along with all 2024 readings. Long-run inflation expectations also stepped up from 3.4% in September to 3.5%, notably higher than their 2024 range of 2.8% to 3.2%,
Views of current and year-ahead expected personal finances both weakened about 10% this month, with concerns over high prices continuing to climb,
The current reading substantially exceeds the 3.4% seen in February before the Iran conflict began, along with all 2024 readings. Long-run inflation expectations ticked up to 3.4%, ending three consecutive months at 3.3%. These expectations remain higher than their 2024 range of 2.8% to 3.2%,
Overall, sentiment is now 16% below February, prior to the start of the Iran conflict, and 13% lower than a year ago,
Democrats and Republicans alike posted sizable declines, while independents were little changed from August."
- The survey's director, Joanne Hsu, saidInternational Business Timesibtimes.com/retail/sales…
Expected year-ahead business conditions fell back 10%, along with a 13% drop for the five-year horizon. Any re-escalation of trade tensions will likely exacerbate these trends,
Earlier
With midterms approaching, Americans’ confidence in the economy is in a tailspin
CNNcnn.com/2026/10…The Consumer Sentiment Index weakened to 46.3 from the final reading of 48.1 in September, falling for a third consecutive month
XinhuaNetenglish.news.cn/20261010/42215…AI stocks recover as futures rise, oil slips
Hindustan Timeshindustantimes.com/world/news…World shares are mostly higher and crude prices fall after an unsettled day on Wall Street
CTV Newsctvnews.ca/business/article…Good news in US inflation report boosts chances Fed won’t hike rates
Guardiantheguardian.com/business/2026…NEW YORK — Wall Street opened higher on Wednesday after the Federal Reserve's preferred inflation gauge came in cooler than expected and private employers added more jobs than forecast, easing worries that the central bank will raise interest rates again next month
International Business Times AUibtimes.com.au/wall/street…US consumer confidence hits its lowest level since 2014 ahead of midterms
Aljazeeraaljazeera.com/economy/2026…Stocks edged down on Tuesday as bond yields kept climbing and new figures showed consumer confidence plummeted in September
International Business Timesibtimes.com/bond/yields…FTSE 100 edges up as oil fall offsets bond worry
The Independentindependent.co.uk/news/busines…The Dow Jones Industrial Average overperformed, increasing by 0.93%
International Business Timesibtimes.com/bond/yields…Consumer confidence dips in September amid inflation concerns
The Hillthehill.com/business/6112272…US consumer sentiment fell to its second-lowest level on record in September as high gas prices further soured Americans’ views of the economy
CNNcnn.com/2026/09…Retail sales rise a better-than-expected 1.2% in August after shoppers pulled back spending in July
The Independentindependent.co.uk/news/consume…Concretely, they stood at $773.9 billion, a 1.2% increase after a revised 0.5% drop in July
International Business Timesibtimes.com/retail/sales…U.S. consumer sentiment slips in September, inflation expectations rise
XinhuaNetenglish.news.cn/20260912/0e716…Year-ahead inflation expectations also climbed, going from 4% in August to 4.6% this month, the highest level since June
International Business Timesibtimes.com/consumer/sentiment…Stubborn inflation raises prospect of Fed rate hike
The Hillthehill.com/business/6085407…August's Consumer Price Index report came out Friday, with inflation showing little improvement at a 3.4% annual rate
CNNcnn.com/2026/09…Americans’ Financial Expectations Keep Declining. Almost a Third Believe Next Year Will Be Worse.
International Business Timesibtimes.com/americans/financia…Trump becoming major liability for Republicans in midterms, new poll shows
The Independentindependent.co.uk/news/world…Nationally, Trump stands at 34 percent approval and 60 percent disapproval, giving him a net approval rating of minus 26
Newsweeknewsweek.com/map/donald…Gallup Polls Show Democrats Outnumber Republicans Ahead of 2026 Midterm Elections
The New York Timesnytimes.com/2026/09…Trump comments on 'terrible' Clancy trial after mistrial was declared by judge
The Independentindependent.co.uk/news/world…Donald Trump’s Approval Rating Crashes To New Record Low With Millennials
Newsweeknewsweek.com/donald/trump…Republicans' confidence in the economy has plummeted over the last six months at a pace unseen since Covid — reminiscent of the declines during the global financial crisis nearly two decades ago
Axiosaxios.com/2026/09…Warsh, After Talking Tough on Inflation, Faces a ‘No-Win Situation’ on Rates
The New York Timesnytimes.com/2026/08…U.S. Fed Chair Warsh signals rate hikes may be needed with inflation still elevated
CTV Newsctvnews.ca/world/article…FTSE 100 drifts lower as oil price pushes higher
The Independentindependent.co.uk/news/busines…The S&P 500 slipped 0.4 per cent but remains near its all-time high set Thursday
Brisbane Timesbrisbanetimes.com.au/business/…Consumer sentiment surges due to lower gas prices
CNNcnn.com/2026/07…Alphabet Makes Debut As Dow Jones Index Member, Pushing It To a New Record
International Business Timesibtimes.com/alphabet/makes…RBC Capital Markets has reportedly raised its year-end S&P 500 target to 8,150 on stronger earnings expectations but cautioned investors to expect bouts of volatility rather than a smooth rally
Asianet Newsablenewsable.asianetnews.com/marke…Consumer Sentiment Improves in June as Gasoline Prices Moderate
The Wall Street Journalwsj.com/economy/consumers…U.S. consumer sentiment rose after hitting a record low in June but stood below expectations
International Business Timesibtimes.com/us/consumer…US Consumer Sentiment Picks Up on Easing Gasoline Prices
Bloomberg Newsbloomberg.com/news/articles…Yet many Americans still feel like they are struggling even as the stock market reaches record highs
Guardiantheguardian.com/business/2026…Five Signs Americans Are Getting Squeezed This Summer
Newsweeknewsweek.com/5/signs…The military action, initiated by President Donald Trump without congressional approval, has led to a 35 percent surge in oil prices
The Independentindependent.co.uk/news/world…Consumer Sentiment Drops to New Low, University of Michigan Survey Finds
The Wall Street Journalwsj.com/economy/consumers…US Consumer Sentiment Slumps to Record Low on Inflation Worries
Bloomberg Newsbloomberg.com/news/articles…Consumer sentiment declines to another new record low as Americans fret over Iran war
CNNcnn.com/2026/05…The reading fell to a new all-time low in May as surging gas prices due to the Iran war fuel inflation worries
XinhuaNetenglish.news.cn/20260509/e8f51…Consumer sentiment rebounds slightly after hitting lowest level on record
CNNcnn.com/2026/04…Decreases in sentiment were seen across political parties, income, age and education
XinhuaNetenglish.news.cn/20260425/cd9f9…China’s Stimulus Kept at Bay With Growth Set to Rebound Amid War
Bloomberg Newsbloomberg.com/news/articles…Recent surveys point to growing pessimism among the public in the United States over the economy and job market, as sentiment deteriorates sharply across key indicators
China Dailychinadaily.com.cn/a/202604…Japan manufacturers' confidence dips most in three years on Middle East concerns
Reutersreuters.com/world/asia…Recent surveys point to growing pessimism among the public in the United States over the economy and job market, as sentiment deteriorates sharply across key indicators
China Dailychinadaily.com.cn/a/202604…Consumer sentiment plummets to record low as Iran war jacks up inflation
CNNcnn.com/2026/04…The university's headline index of consumer sentiment tumbled to 47.6, down 10.7% from March to its lowest on record
CNBCcnbc.com/2026/04…Economy Was Even Slower in Fourth Quarter, New Estimate Shows
The Wall Street Journalwsj.com/economy/consumers…US Consumer Spending Barely Up in January, Inflation Strong
Bloomberg Newsbloomberg.com/news/articles…US firms confront widening income gulf as wealthy spend, budget shoppers struggle
Reutersreuters.com/business/us…A single claim about Chipotle’s customer base was enough to trigger a wave of pushback, as customers dissected prices, portions and what the brand actually represents today
Newsweeknewsweek.com/chipotle/shifts…US Consumer Sentiment Rises to Four-Month High on Economy
Bloomberg Newsbloomberg.com/news/articles…Economists polled by Reuters had forecast the index rising to 53.5
Reutersreuters.com/business/us…