Consumers More Confident, But Fear Inflation, Hsu Says
The University of Michigan says consumers are feeling better, but they're still worried about rising inflation. The latest survey shows sentiment at a five-month high
The University of Michigan says consumers are feeling better, but they're still worried about rising inflation. The latest survey shows sentiment at a five-month high, but consumers still expect prices to rise at an annual rate of 4.2% over the next year.
Joanne Hsu, University of Michigan Surveys of Consumers Director, talks about the results on "Bloomberg Open Interest." More on Bloomberg Television and Markets Like this video? Subscribe and turn on
notifications so you don't miss any videos from Bloomberg Markets & Finance Visit for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on
Connect with Bloomberg Business on TikTok Reddit More from Bloomberg Bloomberg Radio Bloomberg Surveillance Bloomberg Politics Bloomberg Originals Watch more on Bloomberg Technology Bloomberg Originals Bloomberg Quicktake Bloomberg Espanol Bloomberg Podcasts
The BriefWire