One of the Fed’s favorite economic indicators took a battering in March, with the two major indexes of US consumer confidence sinking to multi-year lows. The Michigan Consumer Sentiment Index plumbed its lowest level since 2022, while the Conference Board’s Consumer Confidence hit a four-year low. Along with stock market volatility and moderating inflation, could enough uncertainty be building in the US outlook to prompt further Fed rate cuts? Presented by @cmegroup https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insight
