ING
US consumers continue to spend despite income pressure
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https://think.ing.com/snaps/us-consumers-continue-to-spend-despite-income-pressure/
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4 itemsDESK NOTEING Economics
Dutch consumers keep spending despite plunging confidence, ING data shows
The desk interprets the resilience of Dutch consumer spending amid declining confidence as a positive signal for the eurozone's economic outlook. Per the full note from ING Economics, consumer spending remains robust despite a dip in consumer confidence indices, indicating underlying demand may continue to support growth. This contrasts with broader economic concerns, particularly those stemming from high inflation and potential recession risks. Furthermore, this sentiment aligns with our observation that firm fundamentals are underpinning EUR stability, even in a challenging macro environment.
DESK NOTEING Economics