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Tag: Business

Arkansas Economy and Business US Consumer Confidence Rises in November
Economy and Business

Arkansas Economy and Business US Consumer Confidence Rises in November

The University of Michigan's consumer sentiment index rose to 97.4 in November, up from 95.5 in October. The index is now above its pre-pandemic level of 99.3. The improvement was driven by gains in both the current conditions and expectations components of the index. The current conditions index rose to 100.1, up from 98.1 in October. The expectations index rose to 95.8, up from 93.1 in October. Fed's Waller: Interest Rates are Likely High Enough to Bring Inflation Back to 2% Target Federal Reserve Governor Christopher Waller said on Tuesday that interest rates are likely high enough to bring inflation back down to the Fed's target of 2%. Waller said that the Fed is committed to bringing inflation down and that it will do whatever it takes to achieve its goal. Fed Bans Ex-Arvest Em...