Latest news

Grocery shoppers in the United States in 2011; archival photograph
Latest news7 min readConfidence 100%

U.S. consumer confidence rebounds in October, but inflation still weighs on households

The Conference Board’s consumer-confidence index rose 7.5 points to 91.7 in October after September was revised to 84.2. Easier gasoline prices helped, but households remain concerned about costs and plan to trim some purchases. Released a day before the Federal Reserve’s decision, the rebound adds context on demand; it does not by itself signal a change in monetary policy.