Consumer confidence in the United States is approaching historic lows as long-term inflation expectations are rising rapidly.

According to the application of Oriental Fortune, a recent survey released by the University of Michigan in the United States shows that due to concerns about the economic impact of tariff increases, consumer confidence in the United States plummeted in April, and long-term inflation expectations soared to the highest level since 1991, highlighting the public's pessimistic attitude towards the future economic outlook.