US consumer sentiment hits highest since April, showing a partisan divide post-Trump election.

US consumer sentiment rose to 71.8 in November, its highest since April, according to the University of Michigan. Despite a slight drop from preliminary estimates, sentiment among Republicans surged following Trump's election, while it fell among Democrats. Overall inflation expectations remained moderate, with one-year expectations at 2.6% and five-year expectations at 3.2%.

November 22, 2024
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