Americans Brace for 4.9% Inflation in 2025 as Consumer Confidence Plummets
U.S. consumer confidence has fallen to its lowest level since November 2022, according to the latest University of Michigan survey. The drop comes even though several economic indicators have shown improvement over the past two years. Recent positive indicators included: Inflation easing from 7.1% in November 2022 to 2.9% in December 2024 Real GDP growing … Read more