The Guardian (September 28)
In the U.S., “consumer sentiment has slid sharply in light of today’s stubborn inflation, mixed with slower economic growth, high interest rates and huge economic uncertainty about trade wars and AI.” A University of Michigan poll found that “consumer sentiment fell in September to its second lowest level ever in the poll’s 74-year history. Only this past May was lower.”
Tags: AI, Consumer sentiment, Economic growth, Economic uncertainty, High interest rates, Inflation, Slid, Slower, Stubborn, Trade wars, U.S.
Bloomberg (November 8)
“Trump’s return Is an abominable ambush for the Fed. Coming down the mountain of high interest rates was always the most dangerous part. For Jerome Powell, it now looks even harder.”
Tags: Abominable, Ambush, Dangerous, Fed, Harder, High interest rates, Powell, Return, Trump
