Consumers Concerned About Economy Headed Into Midterms -- Market Talk
Dow Jones2026/10/23 16:251224 ET - Consumer sentiment fell to its lowest level in five months in October, according to the University of Michigan consumer sentiment survey. Consumer assessment of present conditions fell as high interest rates as gasoline prices stay top of mind for households. "The risks are still that higher energy costs feed through to broader pressure on inflation, which we expect will keep the Federal Reserve hawkish in the coming months," a note from Oxford Economics says. (jessica.coacci@wsj.com)
(END) Dow Jones Newswires
October 23, 2026 12:25 ET (16:25 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Apple (AAPL.US) foldable screen device sells out worldwide! Foxconn states: With 240 global sites, we are "very confident" in meeting demand
iPhone Duo deliveries have been scheduled through the end of January. Hon Hai's rotating CEO stated that its 240 global sites can ensure supply, and the AI business has already contributed 51% of the company's revenue.
Crypto prices
More
