US consumer mindset drop reach record low as inflation wah make people expect more

University of Michigan report say US consumer sentiment drop to 44.8 for May 2026, di beffo since dem start to dey record am, and e confirm say economy dey slow because petrol price sharp up. Supply wahala for Strait of Hormuz push fuel cost high, and 57% of people wey dem ask say price increase for basic things dey stress dia personal money matter. Important for rates, inflation expectations don rise: one‑year expectation reach 4.8% (from 4.7%), and five‑year expectation jump to 3.9% (from 3.5%). This change mean consumers dey expect higher inflation longer, and e increase risk say Fed go remain tight. Crypto reaction small. Even with the US consumer sentiment shock, Bitcoin no show serious crash, and the article note say BTC dey strong together with equities/tech (like Nasdaq), wey dem link to institutional demand and capital flows. For traders, the main link na inflation expectations → Fed tightening risk. If rates stay higher for longer, borrowing cost and liquidity fit tighten, and usually that one dey weigh down speculative risk assets. Watch whether this fall for US consumer sentiment go later turn to wider risk‑off moves, and whether Bitcoin fit keep up its relative strength as higher rate expectations build.