2025.05.02 16:12 GMT+8

Steve Rattner: Trump tariffs tank consumer and CEO confidence

Updated 2025.05.02 16:12 GMT+8
CGTN

Morning Joe economic analyst Steve Rattner's latest charts expose a dramatic fall in consumer sentiment, reaching the fourth lowest level since records began. CEO confidence has also hit its lowest level since the 2010 post-financial crisis period, with business leaders expressing frustration over unpredictable tariffs and the  inability to plan ahead. As companies report first-quarter earnings, many are withholding projections, citing unprecedented economic ambiguity. 

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