The University of Michigan Consumer Sentiment Index decreased 5.8% in March compared to the month prior, landing at 53.3, according to final results for the month. Sentiment was down 6.5% year over year. The current conditions index fell 1.4% from the month prior to 55.8. The index of consumer expectations fell 8.7% from the month prior to land at 51.7.
The real value of bank deposits goes beyond yield
Bank deposits deliver different — and more — value than stablecoins do. Comparing them on only one dimension obscures the picture.
