One of the Fed’s favorite economic indicators took a battering in March, with the two major indexes of US consumer confidence sinking to multi-year lows. The Michigan Consumer Sentiment Index plumbed its lowest level since 2022, while the Conference Board’s Consumer Confidence hit a four-year low. Along with stock market volatility and moderating inflation, could enough uncertainty be building in the US outlook to prompt further Fed rate cuts? Presented by @cmegroup
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