US consumer confidence rebounds sharply in May after prolonged slump
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Consumer confidence in the U.S. rebounded significantly in May, ending a five-month decline. The Consumer Confidence Index rose to 98, driven by easing inflation, steady job growth, and subsiding the tariff concerns. This surge in optimism could boost consumer spending and overall economic activity, signaling a potential turnaround in the near-term economic outlook. What's Your Reaction?
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