Pantheon Macroeconomics

Tariff fears sour consumer sentiment, push mortgage rates up

The University of Michigan Index of Consumer Sentiment fell 11 percent from March to April and is now lower than it was during the Great Recesssion.

Inflation eased in March, but tariff impacts remain to be seen

Inflation as measured by the Consumer Price Index dropped to an annual rate of 2.4 percent last month, but the impact of tariffs is unlikely to show up in data until May.