Ai: microsoft sees quantum breakthrough as ai pin deflatessee more in: earnings, news, pymnts news, . Revenue, security, value-added services, visa, what's hottariff uncertainty may cause young, wealthy consumers to curb . Spendingby pymnts | february , | consumer spending pullbacklast quarter’s holiday shopping might have represented . A burst of consumer optimism at the register that has now been dampened.The souring sentiment . Is in evidence among young, affluent consumers, who have been the drivers of commerce online . And offline. They’re worried in the face of tariffs and job uncertainty.
By extension, merchants’ . Fortunes are also murky.An almost % slidethe university of michigan released its consumer sentiment index . Friday (feb. ), with its readings for february lebanon whatsapp number data built upon january’s somber start to the . Year. The headline number, which was down % in january, dropped nearly %. The dip, . Down to overall, is about % lower than it was last year. The january and . February slides wiped out the cumulative -month gain in sentiment that had been in place .
Since the end of the summer.Within the index, both the assessment of current conditions and . Expectations for the future worsened at a similar rate, with the former dipping by % . Monthly and the latter doing so at a rate of %.Inflation outlookfebruary also showed a . Worsening of inflation expectations. Year-ahead inflation stands at % this month, a full percentage point . Above the % expectation from january, which was higher than the december average of %. . The reading is the most pessimistic since november long-run inflation expectations also rose from % .
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