Consumer Confidence Rises Slightly in April Amid Iran Ceasefire Optimism
The Conference Board's Consumer Confidence Index rose to 92.8 in April, the highest since December, driven by optimism over a ceasefire in the Iran war. However, the index remains historically low, with future expectations below 80, signaling potential recession risks. The increase was higher than expected, with economists concerned about continued pessimism affecting household spending.
Topics: consumer confidence economic indicators economic recession risk Iran ceasefire stock market