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A closely-watched survey on US consumer sentiment has shown the spending appetite of Americans at its highest in two years, a move economists said would not be encouraging for a Fed wishing to see a greater decrease in inflation.
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WASHINGTON: US consumer confidence fell more than many predicted in April, fueled by a deterioration in expectations...
US consumer confidence dropped this month to the lowest since July on more pessimistic views about the economic outlook, even as current conditions improved
Procter & Gamble Co. raises its annual sales outlook after better-than-expected Q3 earnings results thanks to price hikes. P&G reports $3.4 billion profits for the period ended March 31, with stable private label brands and increased revenues.