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Stock impact report

Americans' Worries About Interest Rates and Inflation Have Hit New Highs [BNN Bloomberg (Canada)]

TransUnion (TRU) 
Last transunion earnings: 4/28 06:50 am Check Earnings Report
US:NYSE Investor Relations: investors.transunion.com
Company Research Source: BNN Bloomberg
Half of respondents said interest rates were among their top three financial concerns, and 84% cited higher prices for everyday goods like groceries and gas. Housing costs also weighed on the poll participants. That's despite a majority of respondents reporting optimism about household finances over the next year thanks to stable employment and wage increases. “The inflation rate is growing less quickly, but you're still finding things are much more expensive than they were just a couple of years ago,” Charlie Wise, senior vice president at TransUnion, said in an interview. “Consumers generally don't differentiate between inflation and prices. So inflation continues to be a bigger and bigger concern.” The Federal Reserve is expected at its meeting Wednesday to maintain rates at a 23-year high as inflation remains stubbornly above its target. As a result, even consumers with good credit are seeing interest rates on bank loans that are more than twice as high as they were a few yea Show less Read more
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