US consumer confidence dips to 94.6 in October, inflation expectations tick higher to 5.9%

U.S. consumer confidence slipped modestly in October, with Conference Board’s headline index easing to 94.6 from 95.6, though still beating expectations of 93.9. The breakdown showed mixed sentiment — Present Situation Index improved by 1.8 points to 129.3, while Expectations Index fell by 2.9 points to 71.9, remaining well below the 80 threshold that typically […]

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