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Published 30 days ago

US Consumer Sentiment Jumps to Highest Level Since July 2021

  • Personal consumption expenditures price index rose above 2%, leading the Fed to keep interest rates steady in May, as expected.
  • Consumers expressed concerns about high food prices, with expectations for business conditions reaching their highest level since July 2021.
  • Consumer confidence remained largely unchanged in March, reflecting uncertainty around the upcoming November general election.
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