Americans nervous about inflation again but spending persists
American consumers are once again expressing growing unease about the state of the economy, specifically due to renewed concerns over inflation. This sentiment marks a significant shift after several months of improving confidence. A recent University of Michigan survey shows that consumer sentiment has fallen, driven by heightened anxieties about rising prices. This change in attitude is not just a fleeting emotion; it's a reflection of deeper worries about purchasing power and the future of the job market.A key factor in this renewed pessimism is the increase in inflation expectations. Both short-term and long-term forecasts for inflation have risen, indicating…







