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THE GUARDIAN WORLD NEWS RBA interest rates live updates: Reserve Bank of Australia announces cash rate hike to 4.… Bullish BUSINESS INSIDER I lived in Shanghai in my 20s. Now, at 34, I'm back in China to start a business. Neutral COINTELEGRAPH Australia lifts rates to 18-year high as AI boom, energy costs fuel inflation Strong Bullish WSJ ECONOMY Australia’s RBA Raises Interest Rates to Highest Level in 18 Years Optimistic CBS NEWS Josh Turek pitches "generational change" in tight Iowa Senate race Bullish BBC US US strikes Iran ahead of midterm elections Neutral BBC US Supreme Court rejects Trump's request to stop California counting disputed votes Neutral THE GUARDIAN US NEWS US reportedly strikes Iran’s Qeshm Island as Vance voices optimism about a deal Bullish THE GUARDIAN US NEWS Tennessee national guard trained guns on dying man after guard member shot him, video sho… Pessimistic CNBC TOP STORIES North Korea denies links to Binance hack as researchers trace stolen billions Pessimistic FREIGHTWAVES 230-plus immigrants arrested in crackdown targeting unauthorized CDL holders Pessimistic THE GUARDIAN US NEWS US midterms 2026: what Australians need to know about one of the most consequential US po… Strong Bullish CBS NEWS ICE planning to deport Afghans through Pakistan, official says Pessimistic BBC BUSINESS UK and EU agree draft deal to scrap Brexit red tape over food exports Neutral MOTOR1 Is Rustproofing Really Worth The Hassle These Days? Bullish CBS NEWS Former Border Patrol chief says southern border is at quietest level he's ever seen Bearish CBS NEWS Political AI deepfakes infiltrating midterm elections, could pose risks to voters Neutral WSJ ECONOMY China’s Central Bank Tweaks Forex Reserve Rules to Steady Yuan Bullish BBC BUSINESS North Korea denies being behind record $6.3bn Binance hack Neutral ABC NEWS Dodge announces return to NASCAR Cup Series beginning at Daytona 500 Neutral THE GUARDIAN WORLD NEWS RBA interest rates live updates: Reserve Bank of Australia announces cash rate hike to 4.… Bullish BUSINESS INSIDER I lived in Shanghai in my 20s. Now, at 34, I'm back in China to start a business. Neutral COINTELEGRAPH Australia lifts rates to 18-year high as AI boom, energy costs fuel inflation Strong Bullish WSJ ECONOMY Australia’s RBA Raises Interest Rates to Highest Level in 18 Years Optimistic CBS NEWS Josh Turek pitches "generational change" in tight Iowa Senate race Bullish BBC US US strikes Iran ahead of midterm elections Neutral BBC US Supreme Court rejects Trump's request to stop California counting disputed votes Neutral THE GUARDIAN US NEWS US reportedly strikes Iran’s Qeshm Island as Vance voices optimism about a deal Bullish THE GUARDIAN US NEWS Tennessee national guard trained guns on dying man after guard member shot him, video sho… Pessimistic CNBC TOP STORIES North Korea denies links to Binance hack as researchers trace stolen billions Pessimistic FREIGHTWAVES 230-plus immigrants arrested in crackdown targeting unauthorized CDL holders Pessimistic THE GUARDIAN US NEWS US midterms 2026: what Australians need to know about one of the most consequential US po… Strong Bullish CBS NEWS ICE planning to deport Afghans through Pakistan, official says Pessimistic BBC BUSINESS UK and EU agree draft deal to scrap Brexit red tape over food exports Neutral MOTOR1 Is Rustproofing Really Worth The Hassle These Days? Bullish CBS NEWS Former Border Patrol chief says southern border is at quietest level he's ever seen Bearish CBS NEWS Political AI deepfakes infiltrating midterm elections, could pose risks to voters Neutral WSJ ECONOMY China’s Central Bank Tweaks Forex Reserve Rules to Steady Yuan Bullish BBC BUSINESS North Korea denies being behind record $6.3bn Binance hack Neutral ABC NEWS Dodge announces return to NASCAR Cup Series beginning at Daytona 500 Neutral
CNBC Economy · May 8, 2026 2:30 PM EDT EnergyGeopoliticsConsumer

Consumer sentiment falls to fresh record low in May as surging gas prices hit outlook

Surging gas prices due to the Iran war sent consumer sentiment to a new low in the early part of May.

Consumer sentiment falls to fresh record low in May as surging gas prices hit outlook
Image CNBC Economy

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