See every side of every news story
Published loading...Updated

US Consumer Sentiment Drops as Long-Run Inflation Views Rise

  • Consumer expectations of long-term inflation have reached their highest level in 30 years, according to the University of Michigan's Surveys of Consumers.
  • Consumer sentiment in the U.S. Dropped from 71.7% to 64.7% in January, indicating rising concerns about economic conditions, with a 12.5% decrease reported.
  • Food prices, especially for eggs, continue to rise, exacerbating public concerns about inflation.
  • Trump admits inflation is an issue but shifts blame to former President Joe Biden instead of addressing current economic conditions.
Insights by Ground AI
Does this summary seem wrong?

25 Articles

All
Left
4
Center
12
Right
2
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 67% of the sources are Center
67% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Bloomberg broke the news in United States on Friday, February 21, 2025.
Sources are mostly out of (0)

You have read out of your 5 free daily articles.

Join us as a member to unlock exclusive access to diverse content.