Economic Sentiment Reaches Highest Point in Over a Year Following the First Interest Rate Cut Since March 2020 

Economic Sentiment Reaches Highest Point in Over a Year Following the First Interest Rate Cut Since March 2020 

The latest biweekly reading of the Penta-CivicScience Economic Sentiment Index (ESI) increased by 1.6 points to 38.3, a notable improvement in confidence over the past two weeks following the Federal Reserve’s decision to cut interest rates by 50 basis points at its September meeting.