Fed plans to raise rates as soon as March to cool inflation (user search)
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  Fed plans to raise rates as soon as March to cool inflation (search mode)
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Author Topic: Fed plans to raise rates as soon as March to cool inflation  (Read 20714 times)
LabourJersey
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Posts: 3,248
United States


« on: June 14, 2022, 09:20:37 AM »
Quote from: jaichind on June 10, 2022, 09:09:50 AM
The University of Michigan Consumer Sentiment Index falls to 50.2 which is the worst reading ever in the history of the index when it started in 1978.  This level is below the worst levels achieved in the depth of the 2008-2009 Great Recession when they fell in the mid-50s.  It is also worse than the period in 1980 when the USA had a great inflationary surge.

This is a pretty fascinating stat. Worst than the Great Recession?
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