After five consecutive months of declines, consumer sentiment reversed course this month, rising alongside some positive economic signs of lowered inflation and an all-but-guaranteed rate cut by the Fed in September. According to the University of Michigan’s latest report published Friday, consumer sentiment rose 1.5 index points in August to 67.9, up from a 66.4…
The post Consumer Sentiment Rises for the First Time in Five Months appeared first on RISMedia.
