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America In Focus: Inflation Gauge Hits Multiyear High as American Consumer Confidence Slides
The Conference Board’s consumer confidence index fell 0.7 points to 93.1 as gas and food costs kept rising, while mortgage rates hit a nine-month high.
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6 Articles
6 Articles
Associated Press News+3 Reposted by 3 other sources
America In Focus: Inflation gauge hits multiyear high as American consumer confidence slides
A key inflation gauge accelerated in April to the highest level in three years, squeezing Americans’ finances and creating political challenges for President Trump and congressional Republicans with midterm elections just five months away.
·New York, United States
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Key inflation gauge worsens as Americans’ income and spending power erodes
WASHINGTON — A key inflation gauge accelerated in April to the highest level in three years, squeezing Americans’ finances and creating political challenges for President Trump and congressional Republicans with midterm elections just five months away. Inflation jumped to 3.8% in April compared with a year ago, the Commerce Department said Thursday, up from 3.5% in March and the highest since May 2023. On a monthly basis, prices rose 0.4%, down …
Coverage Details
Total News Sources6
Leaning Left2Leaning Right0Center2Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
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