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In October, inflation has consumers feeling more pessimistic than ever
Just two weeks before the midterm elections, Americans' concerns about the current status of the economy and inflation caused a dramatic decline in consumer confidence in October.
The Conference Board's measure of consumer confidence fell to 102.8 from 107.8 in September, primar...
Even though the Fed survey indicates that the economy grew in September, expectations for the future are becoming more pessimistic.
A national survey of the 12 regional banks of the Federal Reserve revealed on Thursday that the U.S. economy grew marginally in September, helped by a substantial upswing in travel and tourism and constant or expanding activity in manufacturing.
Higher interest rates and inflation are h...