Though the drop in confidence was small, it suggested that the Federal Reserve's aggressive monetary policy actions to slow demand were starting to have an impact." We can never underestimate the U.S. consumer," said Jennifer Lee, a senior economist at BMO Capital Markets in Toronto....
" But plans to pull back on purchases, and become a little more cautious, is something that the Federal Reserve would welcome as it aims to cool demand." The Conference Board's consumer confidence index slipped
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2022-06-01 00:00:00.0