🚨 US consumers are feeling the pressure.

In May, 43.6% of Americans said they are financially worse off than they were a year ago the highest level since January 2023.
📈 This marks the third straight monthly increase and the longest worsening streak since 2022.
Looking ahead, 36% of consumers expect their financial situation to get even worse over the next year, one of the highest readings in recent years.
For comparison, before the pandemic, this figure rarely exceeded 20%.
Inflation may have cooled from its peak, but high prices and elevated interest rates are still hitting household budgets hard. 💸
#Inflation #Economy #Markets #Macro #Finance