US consumer sentiment rises to six-month high on rate relief
October sentiment index rose to 70.5
Sentiment among US consumers increased in October to a six-month high as households grew more upbeat about buying conditions, partly because of cheaper financing costs. The final October sentiment index rose to 70.5 from 70.1 a month earlier, according to the University of Michigan. The preliminary reading was 68.9. Consumers expect prices will climb at […]
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