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Economic Confidence Jumps Unexpectedly Among Americans—But Concerns Rise Over Inflation
Despite a downturn in pessimism in March, consumers' expectations for the next year deteriorated. The average and median estimates for inflation over the next year rose to their highest levels since August 2025, largely due to worries about rising oil costs brought on by the Iran war, the Conference Board said.
Despite a downturn in pessimism in March, consumers' expectations for the next year deteriorated. The average and median estimates for inflation over the next year rose to their highest levels since August 2025, largely due to worries about rising oil costs brought on by the Iran war, the Conference Board said.