Consumer sentiment in the United States has dropped to the second-lowest level on record, according to recent reports. This decline is largely attributed to rising inflation expectations following the implementation of tariffs. The tariffs have altered consumer spending patterns, as noted by various sources including the Financial Times, CNBC, CNN, The New York Times, and Business Insider. Despite some positive economic indicators, there remains a notable disconnect between consumer perceptions and actual economic data.
— new from Financial Times
