2025-04-26
11 分钟Consumer sentiment continues to fall in the U.S.,
with Americans serving up a bleak outlook on the economy.
Plus,
how could President Trump's pressure on Jerome Powell make the next Fed chair's job even harder?
The more that you bash the Fed, the more you create a shadow of suspicion.
The market's going to wonder now, is the Fed changing interest rates because...
They just think this is the right thing to do,
or are they doing it because the new Fed chair has some side deal with the president?
And a Milwaukee judge is arrested and charged in federal court
for obstructing immigration enforcement.
It's Friday, April 25th.
I'm Pierre Bien-Aimé for The Wall Street Journal, filling in for Alex Osola.
This is the PM edition of What's News,
the top headlines and business stories that moved the world today.
Consumer sentiment continues to sour among Americans.
According to the University of Michigan's closely watched measure,
U.S. households ended April feeling much worse about the economy than they did in March.
Its final index out today of consumer sentiment for April was 52.2, down from 57 the prior month.
Respondents said they expect prices to surge 6.5 percent over the next year,
up from expectations in March for a 5 percent increase.