Consumer Spending
Consumer Caution Mounts: Eroding Confidence Poses Headwind for Economic Growth Amidst Fed's Dovish Pivot
The American consumer, a bedrock of economic prosperity, is showing increasing signs of caution, with dwindling confidence and moderated spending growth signaling potential headwinds for the broader economy. Recent data from the University of Michigan Consumer Sentiment survey paints a picture of a populace grappling with persistent inflation, a softening