US Consumer Confidence Fell Sharply in February
The Conference Board's Consumer Confidence Index fell to 98.3 in February, down from 105.3 in January, marking a seven-point decline—the largest since August 2021. The figure came in well below economists' expectations of 103, as surveyed by FactSet.
Tariff, Fed and consumer
The perceived likelihood of a U.S. recession in the next 12 months also increased, according to the Consumer Confidence Survey.
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