Consumer sentiment rises for 1st time this year as inflation remains tame
- Consumer sentiment rose 16% in June 2025, the first increase since January, with the University of Michigan's index reaching 60.5.
- This rise follows months of decline driven by anxiety over President Trump's sweeping tariffs and trade tensions, which began escalating sharply in April.
- Sentiment improved across Republicans, Democrats, and independents despite still being about 20% below December 2024 levels, while inflation expectations dropped to their lowest in three months.
- Joanne Hsu, the survey director, noted that consumers have begun to adjust after being unsettled by the very steep tariffs introduced in April and the subsequent weeks of uncertain policy changes.
- The increase suggests cautious optimism as trade tensions ease and the Federal Reserve expects to hold interest rates steady near 4.3%, though risks to spending remain if tariffs intensify or the labor market weakens.
Insights by Ground AI
Does this summary seem wrong?
129 Articles
129 Articles
All
Left
31
Center
50
Right
12
Consumer confidence up in June amid 'dark shadow' of inflation and war
·Barrow-in-Furness, United Kingdom
Read Full ArticleUS consumer sentiment up for 1st time in 2025 amid tame inflation
WASHINGTON, United States— Consumer sentiment increased in June for the first time in six months, the latest sign that Americans’ views of the economy have improved as inflation has stayed tame and the Trump administration has reached a truce in its trade fight with China. The preliminary reading of the University of Michigan’s closely watched
·Manila, Philippines
Read Full Article
+12 Reposted by 12 other sources
Consumer sentiment jumps 16% in survey
WASHINGTON — Consumer sentiment increased in June for the first time in six months, the latest sign Americans' views of the economy improved as inflation stayed tame and the Trump administration reached a truce in its trade fight with China.
Coverage Details
Total News Sources129
Leaning Left31Leaning Right12Center50Last UpdatedBias Distribution54% Center
Bias Distribution
- 54% of the sources are Center
54% Center
L 33%
C 54%
13%
Factuality
To view factuality data please Upgrade to Premium