US consumer sentiment ticks up while budget concerns linger - News Summed Up

US consumer sentiment ticks up while budget concerns linger


(Dec 20): US consumer sentiment rose in December by less than expected, remaining depressed amid lingering affordability concerns. The high cost of living and angst about the job market are keeping consumer sentiment near record lows. Payroll growth remained sluggish in November and the jobless rate rose to a four-year high of 4.6%. To help guard against a deterioration in the job market, Federal Reserve officials earlier this month lowered interest rates for a third straight meeting. However, policymakers are divided about the rate outlook for next year as they look to balance support for the job market with concerns about inflation.


Source: The Edge Markets December 19, 2025 16:17 UTC



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