{"id":32270,"date":"2022-05-24T17:31:44","date_gmt":"2022-05-25T00:31:44","guid":{"rendered":"https:\/\/www.itmtrading.com\/blog\/?p=32270"},"modified":"2022-05-24T17:31:44","modified_gmt":"2022-05-25T00:31:44","slug":"consumer-the-fed-friend-or-foe-headline-news-with-lynette-zang","status":"publish","type":"post","link":"https:\/\/www.itmtrading.com\/blog\/consumer-the-fed-friend-or-foe-headline-news-with-lynette-zang\/","title":{"rendered":"CONSUMER &#038; THE FED: Friend or Foe?&#8230;HEADLINE NEWS with Lynette Zang"},"content":{"rendered":"<p><a href=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide1-8.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-32271\" src=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide1-8-1024x768.jpg\" alt=\"\" width=\"625\" height=\"469\" srcset=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide1-8-1024x768.jpg 1024w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide1-8-300x225.jpg 300w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide1-8-768x576.jpg 768w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide1-8-1536x1152.jpg 1536w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide1-8-624x468.jpg 624w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide1-8.jpg 1920w\" sizes=\"auto, (max-width: 625px) 100vw, 625px\" \/><\/a><\/p>\n<p><a href=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide4-3.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-32272\" src=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide4-3-1024x768.jpg\" alt=\"\" width=\"625\" height=\"469\" srcset=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide4-3-1024x768.jpg 1024w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide4-3-300x225.jpg 300w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide4-3-768x576.jpg 768w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide4-3-1536x1152.jpg 1536w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide4-3-624x468.jpg 624w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide4-3.jpg 1920w\" sizes=\"auto, (max-width: 625px) 100vw, 625px\" \/><\/a><\/p>\n<p><a href=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide5-3.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-32273\" src=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide5-3-1024x768.jpg\" alt=\"\" width=\"625\" height=\"469\" srcset=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide5-3-1024x768.jpg 1024w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide5-3-300x225.jpg 300w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide5-3-768x576.jpg 768w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide5-3-1536x1152.jpg 1536w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide5-3-624x468.jpg 624w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide5-3.jpg 1920w\" sizes=\"auto, (max-width: 625px) 100vw, 625px\" \/><\/a><\/p>\n<p><a href=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide7-3.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-32274\" src=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide7-3-1024x768.jpg\" alt=\"\" width=\"625\" height=\"469\" srcset=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide7-3-1024x768.jpg 1024w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide7-3-300x225.jpg 300w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide7-3-768x576.jpg 768w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide7-3-1536x1152.jpg 1536w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide7-3-624x468.jpg 624w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide7-3.jpg 1920w\" sizes=\"auto, (max-width: 625px) 100vw, 625px\" \/><\/a><\/p>\n<p><a href=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide8-3.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-32275\" src=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide8-3-1024x768.jpg\" alt=\"\" width=\"625\" height=\"469\" srcset=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide8-3-1024x768.jpg 1024w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide8-3-300x225.jpg 300w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide8-3-768x576.jpg 768w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide8-3-1536x1152.jpg 1536w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide8-3-624x468.jpg 624w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide8-3.jpg 1920w\" sizes=\"auto, (max-width: 625px) 100vw, 625px\" \/><\/a><\/p>\n<p><a href=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide9-2.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-32276\" src=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide9-2-1024x768.jpg\" alt=\"\" width=\"625\" height=\"469\" srcset=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide9-2-1024x768.jpg 1024w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide9-2-300x225.jpg 300w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide9-2-768x576.jpg 768w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide9-2-1536x1152.jpg 1536w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide9-2-624x468.jpg 624w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide9-2.jpg 1920w\" sizes=\"auto, (max-width: 625px) 100vw, 625px\" \/><\/a><\/p>\n<p><a href=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide10.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-32277\" src=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide10-1024x768.jpg\" alt=\"\" width=\"625\" height=\"469\" srcset=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide10-1024x768.jpg 1024w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide10-300x225.jpg 300w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide10-768x576.jpg 768w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide10-1536x1152.jpg 1536w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide10-624x468.jpg 624w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2022\/05\/Slide10.jpg 1920w\" sizes=\"auto, (max-width: 625px) 100vw, 625px\" \/><\/a><\/p>\n<p>SOURCES:<\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/05\/08\/the-great-american-consumer-is-navigating-inflation-and-just-may-save-the-economy-from-a-recession.html\" target=\"_blank\" rel=\"noopener\">https:\/\/www.cnbc.com\/2022\/05\/08\/the-great-american-consumer-is-navigating-inflation-and-just-may-save-the-economy-from-a-recession.html<\/a><\/p>\n<p><a href=\"https:\/\/fred.stlouisfed.org\/series\/PSAVERT\" target=\"_blank\" rel=\"noopener\">https:\/\/fred.stlouisfed.org\/series\/PSAVERT<\/a><\/p>\n<p><a href=\"https:\/\/www.ft.com\/content\/ea799634-9b24-4385-a7d7-0a99f8cf68a2?desktop=true&amp;segmentId=7c8f09b9-9b61-4fbb-9430-9208a9e233c8#myft:notification:daily-email:content\" target=\"_blank\" rel=\"noopener\">https:\/\/www.ft.com\/content\/ea799634-9b24-4385-a7d7-0a99f8cf68a2?desktop=true&amp;segmentId=7c8f09b9-9b61-4fbb-9430-9208a9e233c8#myft:notification:daily-email:content<\/a><\/p>\n<p><a href=\"https:\/\/www.newyorkfed.org\/microeconomics\/hhdc\" target=\"_blank\" rel=\"noopener\">https:\/\/www.newyorkfed.org\/microeconomics\/hhdc<\/a><\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-05-17\/goldman-s-hatzius-says-consumers-are-using-leverage-for-spending?cmpid=BBD051722_CUS&amp;utm_medium=email&amp;utm_source=newsletter&amp;utm_term=220517&amp;utm_campaign=closeamericas&amp;sref=rWFqAg1Y\" target=\"_blank\" rel=\"noopener\">https:\/\/www.bloomberg.com\/news\/articles\/2022-05-17\/goldman-s-hatzius-says-consumers-are-using-leverage-for-spending?cmpid=BBD051722_CUS&amp;utm_medium=email&amp;utm_source=newsletter&amp;utm_term=220517&amp;utm_campaign=closeamericas&amp;sref=rWFqAg1Y<\/a><\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-05-19\/one-of-the-world-s-frothiest-housing-markets-turned-into-a-seller-s-headache-overnight?sref=rWFqAg1Y\" target=\"_blank\" rel=\"noopener\">https:\/\/www.bloomberg.com\/news\/articles\/2022-05-19\/one-of-the-world-s-frothiest-housing-markets-turned-into-a-seller-s-headache-overnight?sref=rWFqAg1Y<\/a><\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-05-18\/target-cuts-profit-outlook-on-hit-from-unexpectedly-high-costs?cmpid=BBD051822_OUS&amp;utm_medium=email&amp;utm_source=newsletter&amp;utm_term=220518&amp;utm_campaign=openamericas&amp;sref=rWFqAg1Y\" target=\"_blank\" rel=\"noopener\">https:\/\/www.bloomberg.com\/news\/articles\/2022-05-18\/target-cuts-profit-outlook-on-hit-from-unexpectedly-high-costs?cmpid=BBD051822_OUS&amp;utm_medium=email&amp;utm_source=newsletter&amp;utm_term=220518&amp;utm_campaign=openamericas&amp;sref=rWFqAg1Y<\/a><\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-05-19\/cratering-markets-blowing-a-bigger-hole-in-consumer-psychology?srnd=fixed-income&amp;sref=rWFqAg1Y\" target=\"_blank\" rel=\"noopener\">https:\/\/www.bloomberg.com\/news\/articles\/2022-05-19\/cratering-markets-blowing-a-bigger-hole-in-consumer-psychology?srnd=fixed-income&amp;sref=rWFqAg1Y<\/a><\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/05\/11\/cpi-april-2022.html\" target=\"_blank\" rel=\"noopener\">https:\/\/www.cnbc.com\/2022\/05\/11\/cpi-april-2022.html<\/a><\/p>\n<p><a href=\"https:\/\/www.reuters.com\/world\/us\/yellen-says-us-has-options-raise-revenue-pay-build-back-better-bill-2021-10-24\/\" target=\"_blank\" rel=\"noopener\">https:\/\/www.reuters.com\/world\/us\/yellen-says-us-has-options-raise-revenue-pay-build-back-better-bill-2021-10-24\/<\/a><\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-05-19\/yellen-rejects-the-idea-of-fed-raising-its-2-inflation-target?sref=rWFqAg1Y\" target=\"_blank\" rel=\"noopener\">https:\/\/www.bloomberg.com\/news\/articles\/2022-05-19\/yellen-rejects-the-idea-of-fed-raising-its-2-inflation-target?sref=rWFqAg1Y<\/a><\/p>\n<p><a href=\"https:\/\/www.ft.com\/content\/2c555bc7-4285-44bb-88cb-c2489e1f8304?desktop=true&amp;segmentId=7c8f09b9-9b61-4fbb-9430-9208a9e233c8#myft:notification:daily-email:content\" target=\"_blank\" rel=\"noopener\">https:\/\/www.ft.com\/content\/2c555bc7-4285-44bb-88cb-c2489e1f8304?desktop=true&amp;segmentId=7c8f09b9-9b61-4fbb-9430-9208a9e233c8#myft:notification:daily-email:content<\/a><\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-05-17\/powell-says-fed-will-keep-pushing-until-inflation-coming-down?cmpid=BBD051722_CUS&amp;utm_medium=email&amp;utm_source=newsletter&amp;utm_term=220517&amp;utm_campaign=closeamericas&amp;sref=rWFqAg1Y\" target=\"_blank\" rel=\"noopener\">https:\/\/www.bloomberg.com\/news\/articles\/2022-05-17\/powell-says-fed-will-keep-pushing-until-inflation-coming-down?cmpid=BBD051722_CUS&amp;utm_medium=email&amp;utm_source=newsletter&amp;utm_term=220517&amp;utm_campaign=closeamericas&amp;sref=rWFqAg1Y<\/a><\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/videos\/2022-05-09\/balance-of-power-full-show-05-09-2022-video\" target=\"_blank\" rel=\"noopener\">https:\/\/www.bloomberg.com\/news\/videos\/2022-05-09\/balance-of-power-full-show-05-09-2022-video<\/a><\/p>\n<p><a href=\"https:\/\/www.gold.org\/goldhub\/research\/gold-etfs-holdings-and-flows\/2022\/04#from-login=1\" target=\"_blank\" rel=\"noopener\">https:\/\/www.gold.org\/goldhub\/research\/gold-etfs-holdings-and-flows\/2022\/04#from-login=1<\/a><\/p>\n<p><a href=\"https:\/\/www.nasdaq.com\/articles\/noteworthy-etf-inflows%3A-gld\" target=\"_blank\" rel=\"noopener\">https:\/\/www.nasdaq.com\/articles\/noteworthy-etf-inflows%3A-gld<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SOURCES: https:\/\/www.cnbc.com\/2022\/05\/08\/the-great-american-consumer-is-navigating-inflation-and-just-may-save-the-economy-from-a-recession.html https:\/\/fred.stlouisfed.org\/series\/PSAVERT https:\/\/www.ft.com\/content\/ea799634-9b24-4385-a7d7-0a99f8cf68a2?desktop=true&amp;segmentId=7c8f09b9-9b61-4fbb-9430-9208a9e233c8#myft:notification:daily-email:content https:\/\/www.newyorkfed.org\/microeconomics\/hhdc https:\/\/www.bloomberg.com\/news\/articles\/2022-05-17\/goldman-s-hatzius-says-consumers-are-using-leverage-for-spending?cmpid=BBD051722_CUS&amp;utm_medium=email&amp;utm_source=newsletter&amp;utm_term=220517&amp;utm_campaign=closeamericas&amp;sref=rWFqAg1Y https:\/\/www.bloomberg.com\/news\/articles\/2022-05-19\/one-of-the-world-s-frothiest-housing-markets-turned-into-a-seller-s-headache-overnight?sref=rWFqAg1Y https:\/\/www.bloomberg.com\/news\/articles\/2022-05-18\/target-cuts-profit-outlook-on-hit-from-unexpectedly-high-costs?cmpid=BBD051822_OUS&amp;utm_medium=email&amp;utm_source=newsletter&amp;utm_term=220518&amp;utm_campaign=openamericas&amp;sref=rWFqAg1Y https:\/\/www.bloomberg.com\/news\/articles\/2022-05-19\/cratering-markets-blowing-a-bigger-hole-in-consumer-psychology?srnd=fixed-income&amp;sref=rWFqAg1Y https:\/\/www.cnbc.com\/2022\/05\/11\/cpi-april-2022.html https:\/\/www.reuters.com\/world\/us\/yellen-says-us-has-options-raise-revenue-pay-build-back-better-bill-2021-10-24\/ https:\/\/www.bloomberg.com\/news\/articles\/2022-05-19\/yellen-rejects-the-idea-of-fed-raising-its-2-inflation-target?sref=rWFqAg1Y https:\/\/www.ft.com\/content\/2c555bc7-4285-44bb-88cb-c2489e1f8304?desktop=true&amp;segmentId=7c8f09b9-9b61-4fbb-9430-9208a9e233c8#myft:notification:daily-email:content https:\/\/www.bloomberg.com\/news\/articles\/2022-05-17\/powell-says-fed-will-keep-pushing-until-inflation-coming-down?cmpid=BBD051722_CUS&amp;utm_medium=email&amp;utm_source=newsletter&amp;utm_term=220517&amp;utm_campaign=closeamericas&amp;sref=rWFqAg1Y https:\/\/www.bloomberg.com\/news\/videos\/2022-05-09\/balance-of-power-full-show-05-09-2022-video https:\/\/www.gold.org\/goldhub\/research\/gold-etfs-holdings-and-flows\/2022\/04#from-login=1 https:\/\/www.nasdaq.com\/articles\/noteworthy-etf-inflows%3A-gld<\/p>\n","protected":false},"author":23,"featured_media":32278,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1710],"tags":[45,59,81,83,91,114,408,583,1607,1672,1775,1977,2271,2272,2273,2274],"class_list":["post-32270","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","tag-debt","tag-gold-2","tag-hyperinflation","tag-inflation","tag-mortgages","tag-silver-2","tag-fed","tag-ira","tag-janet-yellen","tag-gld","tag-cpi","tag-jay-powell","tag-consumer-price-index","tag-personal-savings-rate","tag-corporate-profits","tag-price-stability"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/32270","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/comments?post=32270"}],"version-history":[{"count":1,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/32270\/revisions"}],"predecessor-version":[{"id":32279,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/32270\/revisions\/32279"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/media\/32278"}],"wp:attachment":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/media?parent=32270"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/categories?post=32270"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/tags?post=32270"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}