Americans Prefer Cooling Economy as Inflation Eases

Despite a cooling job market with slowing hiring and fewer job openings, American economic sentiment is improving. This positive outlook comes as inflation, which had reached a 40-year high, has fallen to near-normal levels. Consumers are encouraged by stabilizing prices for necessities like food and rent, leading to increased optimism about the economy`s future. This economic climate, characterized by moderate growth, low unemployment, and the prospect of interest rate cuts, is viewed favorably, particularly from the perspective of the Democratic presidential nominee.