The ‘Vibecession’ Is Ending

“For months, economists have wrestled with the disconnect between how well the economy is doing and how badly people feel about their financial standing,” CNBC reports.

“Now, evidence suggests that the so-called ‘vibecession,’ or that prolonged period of negative sentiment about the economy, appears to be ending.”

“As inflation cools and the Federal Reserve prepares to lower interest rates, Americans’ assessments of the future are improving, which is bringing the country’s economic standing more in line with consumer sentiment.”