Consumer sentiment slides to second lowest on record as inflation expectations jump after tariffs

• The index of consumer sentiment dropped to 50.8, down from 52.2 in April and hitting its second-lowest reading on record.
• The majority of the survey was completed before the U.S. and China announced a 90-day pause on most tariffs between the two countries.
• The trade situation appears to be a key factor weighing on consumer sentiment.

https://www.cnbc.com/2025/05/16/consumer-sentiment-may-inflation-expectations-tariffs.html