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US consumer confidence recovers; inflation worries persist

US consumer confidence unexpectedly improved in May after deteriorating for three straight months amid optimism about the labor market, but worries about inflation persisted and many households expected higher interest rates over the next year

US consumer confidence improves; inflation concerns linger

U.S. consumer confidence unexpectedly improved in May after deteriorating for three straight months amid optimism about the labor market, but worries about inflation persisted and many households. -May 28, 2024 at 12:12 pm EDT - MarketScreener

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