Increase in US Consumer Sentiment Amid Declining Inflation Expectations

A recent report has shown that consumer confidence in the United States continues to improve, presenting a positive signal for the economy. The primary factor contributing to this enhancement has been the decreasing inflation expectations among the populace. According to a survey conducted by the University of Michigan, the consumer sentiment index rose from 69.5 to 71.3 in September, indicating growing hopes for price stability.

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