EconomyUS consumer sentiment nears record low ahead of midterm elections
The University of Michigan’s consumer sentiment index fell to 48.0 this month, its second-lowest reading on record, as living costs and US-Iran tensions fuel price concerns. Sentiment among independents was especially weak, while five-year inflation expectations rose to 3.5%.
AAl Jazeera★★★☆☆2026-10-23 17:26Original
US consumer sentiment nears record low ahead of midterm elections
Economy