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New York Fed survey shows Americans growing more pessimistic about finances

Original: Americans grow more pessimistic about their finances, New York Fed finds — expert warns of ‘tough choices’ ahead

A New York Federal Reserve survey finds Americans are increasingly pessimistic about their personal financial situation, with an expert cited warning that households face 'tough choices' ahead. The findings point to weakening confidence in household finances and come as consumers contend with elevated prices and borrowing costs.

Why now: Fresh Federal Reserve survey data on declining consumer financial confidence lands amid ongoing concerns over inflation and household budgets

Federal Reserve Bank of New YorkAmerican consumersCNBC

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• Americans grow more pessimistic about their finances, New York Fed finds — expert warns of ‘tough choices’ ahead · CNBC

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