US Consumer Sentiment Plunges Amid Rising Inflation Fears

US consumers expressed reduced optimism for the first time in four months, with a sentiment index declining to 58.6 in August from 61.7 in July. The drop was attributed to ongoing concerns about tariffs’ effects on inflation.

Source: https://www.bloomberg.com/news/articles/2025-08-15/us-consumer-sentiment-falls-as-inflation-expectations-climb