Fed pauses interest rates, boosting consumer confidence

The U.S. Federal Reserve's decision to pause interest rate hikes may bring some relief to worried Americans. Many people have been feeling uncertain about their financial situation. Consumer confidence is decreasing. More Americans are concerned about getting credit for big purchases and covering everyday expenses. A lack of job security is also troubling for many, leading to increased anxiety. Job seekers are facing challenges as well. They often need more time to find new positions. This combination of factors highlights the struggles people are experiencing in today's economy.