Published: May 11, 2024, 06:50 IST | Updated: May 11, 2024, 06:50 IST
World Business Watch May 11, 2024, 06:50 IST
US consumers worry about future price hikes
A key consumer sentiment survey has revealed a significant drop in confidence about the state of the US economy. The University of Michigan's latest consumer survey shows a 13% plunge in consumer sentiment - the lowest level in six months.