This is a news story, published by Yahoo Finance, that relates primarily to Jerome Powell news.
For more Jerome Powell news, you can click here:
more Jerome Powell newsFor more inflation news, you can click here:
more inflation newsFor more news from Yahoo Finance, you can click here:
more news from Yahoo FinanceOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like this article about inflation, you might also like this article about
recent positive inflation readings. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest Consumer sentiment news, Consumer Price Index news, news about inflation, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
Michigan consumer sentiment surveyYahoo Finance
•87% Informative
University of Michigan consumer sentiment survey hits its lowest level in seven months .
The index reading for the month came in at 65.6 , down from 69.1 in May and lower than the 72 economists had expected.
Year-ahead inflation expectations were flat at 3.3% from the month prior.
The Federal Reserve Chair Jerome Powell said it's hard for anyone to have a definitive answer about the disconnect between the economy and the actual data.
VR Score
93
Informative language
95
Neutral language
77
Article tone
formal
Language
English
Language complexity
48
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
2
Source diversity
2
Affiliate links
no affiliate links