Consumer confidence hits highest level in two years as UK ‘turns a corner’


by @cityam

@cityam— "The revival in consumer confidence speaks to a wider story of an economy that has turned the corner," Ian Stewart said.

@cityam—UK consumer confidence edges up after stagnant start to year. UK consumer confidence improved by two points in April, after laying stagnant in March.

Yahoo Finance—US consumer confidence hits lowest level since July 2022. Consumer confidence fell sharply in April as inflation worries and a downbeat outlook on the job market pushed optimism to its lowest level...

CNBC—Demand for riskier adjustable-rate mortgages hits highest level of the year, due to rising rates. The share of ARM applications rose to 7.8% of mortgage demand last week, according to the Mortgage Bankers Association. That is the highest level of the year.