Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Lebanese President: Israeli aggression on Blida took place in aftermath of meeting of ceasefire monitoring committee.
Lebanese President Joseph Aoun asks Commander of Lebanese Army to confront any Israeli incursion into liberated Lebanese territory in the South.
Al Mayadeen's correspondent: Israeli aircraft launch series of strikes on area of Jarmaq, South Lebanon.
Reuters: Afghanistan and Pakistan agree to restart peace talks in Istanbul.
Al-Mayadeen's correspondent in southern Lebanon: Israeli occupation forces withdraw from the Blida municipality building two hours after occupying it, and the Lebanese army enters
Pakistani army: 6 soldiers and 7 militants killed in clash near the Afghan border
Israeli media: Sirens sound in the settlement of Kerem Shalom in the Gaza envelope area
Afghan source to Al Mayadeen: We still believe in dialogue and prioritize diplomatic solutions with Pakistan; though we are ready for all possibilities.
Afghan source to Al Mayadeen: Pakistan purposely obstructed negotiations in Turkey by making unrealistic demands.
Al Mayadeen's correspondent: More than 70 martyrs in Israeli attacks on Gaza since dawn.

US consumer confidence falls to 9-month low in April

  • By Al Mayadeen English
  • Source: Agencies
  • 26 Apr 2023 15:21
  • 1 Shares
2 Min Read

The closely watched consumer confidence index from the business group dropped for the third time in four months and hit its lowest point since July 2022.

  • x
  • A customer pushes a shopping cart at a Walmart store in Chicago, Illinois, U.S. November 23, 2016. (REUTERS)
    A customer pushes a shopping cart at a Walmart store in Chicago, Illinois, U.S. November 23, 2016. (Reuters)

US consumer confidence decreased more than many had anticipated in April, according to survey results released on Tuesday, driven by a decline in expectations among households with annual incomes over $50,000 and those over 55.

The negative findings may decrease some of the pressure on the Federal Reserve as it gets ready to think about raising interest rates for the tenth consecutive week next week in an effort to rein in inflation.

The Conference Board reported that the consumer confidence index decreased in April to 101.3 from a revised 104.0 in March. This fell short of economists' median predictions in a MarketWatch poll.

The expectations of consumers "fell and remain below the level which often signals a recession looming in the short term," according to a statement from Ataman Ozyildirim, senior director of economics at The Conference Board.

Related News

Flights canceled as US-Mexico aviation dispute escalates

Trump’s $230 mln DOJ compensation claim criticized as legally baseless

Read next: 58% of Americans report living paycheck to paycheck: Survey

He said that "compared to last month, fewer households expect business conditions to improve and more expect worsening of conditions in the next six months," adding that they expect fewer jobs to be available over the short term. 

A few members of the Fed's rate-setting committee have suggested in recent weeks that the US central bank should lift its benchmark lending rate next week. 

Earlier, professional investors anticipated a further decline in the value of the dollar from its two-decade highs reached last year, a Bloomberg report explained, as the market has underpriced the Federal Reserve's impending easing cycle.

According to the most recent MLIV Pulse survey, 87% of 331 participants in a survey anticipated the Fed to drop interest rates to 3% or below as part of a loosening that 40% believe could begin this year. In contrast, market pricing places the estimated policy rate in two years at about 3.05%.

  • United States
  • Federal reserve
  • US
  • Dollar
  • US inflation
  • US economy

Most Read

'Israel’s Digital Iron Dome: Weaponizing the web against Palestine

'Israel’s Digital Iron Dome: Weaponizing the web against Palestine

  • Technology
  • 24 Oct 2025
Arab League chief exposes secret US deal shielding 'Israel’s' nukes

Arab League chief exposes secret US deal shielding 'Israel’s' nukes

  • Politics
  • 27 Oct 2025
Hi-tech holocaust: Microsoft’s role in Gaza genocide

Microsoft's role in world’s first AI-driven genocide, in Gaza, exposed

  • Technology
  • 28 Oct 2025
What Marr evidently didn't seem to understand was that Hedges isn't saying that Western journalists manipulate the truth, but that they systematically amplify Israeli narratives they know are false. (Al Mayadeen English; Illustrated by Batoul Chamas)

Western journalists know they have a case to answer for their betrayal of Gaza, and it frightens them

  • Opinion
  • 24 Oct 2025

Coverage

All
War on Gaza

Read Next

All
Displaced Sudanese who fled El-Fasher after the city fell to the Rapid Support Forces (RSF), rest near the town of Tawila in war-torn Sudan's western Darfur region (AP)
Politics

UAE directly funded RSF, leading to fall of El-Fasher: Sudan

'You’re not welcome in Greece': Israelis face port protests
Politics

'You’re not welcome in Greece': Israelis face port protests

This photo released by the Israeli military on Thursday, Nov. 2, 2023, shows ground operations inside the Gaza Strip (AP)
Politics

IOF soldier who fought in Gaza, Lebanon denied entry to Czech Republic

UN inquiry exposes 'Israel’s' four genocidal crimes against Gaza
Politics

'Israel' committed four genocidal acts in Gaza, UN inquiry finds

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS