Economic Sentiment Rebounding but Inflation and Recovery Still Uneven
• Sentiment index rose 30% over 3 months, biggest increase in over 30 years
• Sentiment still 15% below pre-pandemic average, matching economic data
• Inflation slowed to 3% in January, down from 9%, but still up 20% since pre-pandemic
• Unemployment rate very low at 3.7%, driving robust wage growth
• Stock market at record highs signals confidence in economic strength