The initial value of the one-year inflation rate forecast for the United States in May was 7.3%, the highest since 1981. The University of Michigan Consumer Confidence Index recorded 50.8, the second lowest in history.

2025-05-16

The initial value of the one-year inflation rate forecast for the United States in May was 7.3%, the highest since 1981. The University of Michigan Consumer Confidence Index recorded 50.8, the second lowest in history.