Gloomy Economy: Consumer Sentiment Plummets, Stagflation Fears Rise
Update: 2025-09-12
Description
Consumer confidence plunges! A new survey reveals Americans are feeling increasingly pessimistic about the economy due to rising inflation, fewer job opportunities, and tariffs. While higher earners remain confident, lower and middle-income households are cutting back. Is stagflation looming? With weak job growth and rising prices, the Federal Reserve is expected to cut interest rates, sending stocks soaring amidst economic uncertainty.
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