US consumer sentiment deteriorated again in early May, with University of Michigan’s index falling from 52.2 to 50.8, its lowest level since mid-2022 and well below expectations of 53.0. The decline was broad-based, with Current Economic Conditions Index slipping from 59.8 to 57.6 and Expectations Index easing from 47.3 to 46.5. Since the start of […]
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