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Stock impact report

4 Solid Stocks to Buy as Consumer Confidence Holds Steady [Yahoo! Finance]

Crocs, Inc. (CROX) 
Last crocs, inc. earnings: 4/23 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.crocs.com/investor-overview
Company Research Source: Yahoo! Finance
The Conference Board said on Mar 26 that consumer confidence remained largely unchanged in March, with the index dipping slightly to 104.7 from February's 104.8. The slight dip can be attributed to the recent jump in inflation. Inflation rose marginally in January and February, raising concerns among consumers. This saw consumers' inflation expectations rise slightly to 5.3% from 5.2% in February. However, inflation has declined sharply from its peak of 9.1% in 2022 after the Federal Reserve adopted a strict monetary tightening campaign that saw it increasing interest rates by 525 basis points to take its benchmark policy rate in the current range of 5.25-5.5%. Thus, inflation worries have also faded substantially over the past year. Consumers are now more focused on how and when the Federal Reserve starts its interest rate cuts. The Federal Reserve last week kept interest rates unchanged in its FOMC meeting. The central bank has now left interest rates steady since July and s Show less Read more
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