US consumer sentiment rises in June but remains near record low
US consumer sentiment edged higher in June, aided by a drop in gasoline prices that offered some relief amid persistent high inflation. Despite the uptick, the index remains near record lows. Economists, including Lauren Saidel-Baker of ITR Economics, are debating the outlook for consumer spending and the Federal Reserve's next steps.
Comments
No comments yet — be the first to weigh in 👇
No comments yet. Be the first!