Washington CNN —
American consumers and businesses are feeling uneasy, fearing higher inflation is lurking around the corner as President Donald Trump talks massive tariffs. That’s raising questions on what America’s souring economic mood means for spending, hiring and the future of the world’s largest economy.
“The kinds of changes that are occurring under Trump are arguably unprecedented, and it’s making people very nervous,” Mark Zandi, chief economist at Moody’s, told CNN. “If confidence continues to fall for another three months, and consumers actually pack it in, then game over.”
Inflation fears, due to Trump’s
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