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Consumer Sentiment Drops as Short-Term Inflation Expectations Rise

Consumer Sentiment Drops as Short-Term Inflation Expectations Rise  Once again, short-term inflation expectations have increased, as indicated by the latest UMich sentiment survey. One-year expectations for April finalized at 3.2%, up from the preliminary 3.1 % reported earlier and 2.9% in March. This marks the highest level since November 202...

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