A break in the trade clouds lifted consumers’ spirits in May

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A break in the trade clouds lifted consumers’ spirits in May

edition.cnn.com/2025/06/09/economy/us-consumer-survey-expectations-tariffs-inflation-may

Americans felt a whole lot better about prices and the job market in May, a month that featured a détente in the trade war between the US and China.
Consumers’ year-ahead expectations for inflation tumbled in May by 0.4 percentage points to 3.2%, according to the Federal Reserve Bank of…

This story appeared on edition.cnn.com, 2025-06-09 00:00:00.