Expectations for jobs, incomes, and business conditions are improving, the Conference Board says.
They had been dropping at record levels for several months, but a new report says the decline eased slightly in February.
As much as $1 trillion will lower long-term loan rates like mortgages but it raises the specter of inflation.
Americans anticipate no improvement anytime soon, the Conference Board reports.
Obama's actions, more than his speech, will have a big role to play in easing the historically bleak consumer mood.