Consumer Sentiment Turns Positive as Inflation Slows

With a recent interest rate decrease from the Fed and slowing inflation, consumers’ economic hopes saw a significant increase in September. Consumer sentiment rose 3.2% in September, from 67.9 in August to 70.1, according to the University of Michigan’s latest report. This is the second consecutive month of increase, following August’s rise of 1.5 points,…The post Consumer Sentiment Turns Positive as Inflation Slows appeared first on RISMedia.