American Consumers Have Never Been Less Confident Despite Inflation Fears Easing; UMich
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Source: Zero Hedge
Published: 2026-05-09 00:10 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Military & Defence, Economy & Finance, Business & Economy, War & Conflict
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Snippet:
With the "mini war" still ongoing (albeit with a 'ceasefire' in place), expectations were for a continued slide (already at record lows) in the American consumer's sentiment in preliminary UMich data for May released today.
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