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consumer confidence: US consumer confidence at lowest level since 2022: survey

The latest survey by The Conference Board revealed a decline in US consumer confidence, reaching its lowest level since July 2022. The consumer confidence index fell to 97.0 in April, below analysts expectations of 104.0. Concerns about future financial conditions and the job market contributed to the decline, despite positive views on the current situation. Consumers expressed worries about elevated prices, especially for food and gas, while politics and global conflicts were secondary concerns.

Dana petersonRubeela farooqiJoe bidenConference boardPresident joe bidenHigh frequencyConsumer confidenceAus consumerJobs marketFinancial conditions

Consumer sentiment hits a 5-month high, Morgan Stanley s survey shows

Consumer sentiment hits a 5-month high, Morgan Stanley s survey shows
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Morgan stanleyAus consumer

US December consumer confidence blows past expectations

"December s increase in consumer confidence reflected more positive ratings of current business conditions and job availability," said Dana Peterson, chief economist at The Conference Board, the research group that published the survey. The largest gains were seen among householders aged 35-54, "and households with income levels of $125,000 and above," she added.

Dana petersonRubeela farooqiConference boardFrequency economicsAus consumerDecember consumerConsumer confidence

Barclays Plc: Barclays to lay off dozens of US consumer employees

Barclays is cutting staff in its U.S. consumer banking division as part of its ongoing cost-cutting efforts. The job cuts represent about 3% of employees in the division. The bank stated that it regularly reviews its business to operate more effectively and efficiently. Barclays recently announced plans for further restructuring as it aims to reduce costs and increase profits. The bank s shares fell 6% following the announcement.

United kingdomGap incBarclays plcLawrence whiteAus consumerNew yorkChizu nomiyama

EUR/USD: Dollar rallies alongside surging yields

Fed rate hike expectations for November 1st stand at 18.6% vs 30% from a week ago Germany IFO Business climate declines for a fifth straight month 10-year

United statesFoot lockerUrban outfittersChicago fed national activityEd 039s goolsbeeFoot lockerGerman ifoUrban outfittersAus consumer

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