US consumers show the Fed its backward problem with high rates: Morning Brief

US consumers show the Fed its backward problem with high rates: Morning Brief THIS. "In terms of income, those making over $100K expressed the largest rise in confidence," Dana Peterson, chief economist at the Conference Board, said in a release. "On a six-month moving average basis, confidence continued to be highest among the youngest (under 35) and wealthiest (making over $100K) consumers." Financial commentator Josh ...

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