Consumer Confidence Rebounds in May Amid Trade Truce, But Lingering Pessimism Persists

Consumer confidence staged a notable rebound in May following five consecutive monthly declines, according to the latest report from Wells Fargo Economics. The increase appears tied to a temporary de-escalation in the U.S.-China trade war, though overall sentiment remains subdued, with the headline index still hovering near the lower end of its recent range. Whether […]