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US consumer sentiment hits lowest since 2021 as inflation fears, tied to tariffs, surge.
US consumer sentiment dropped to 67.8 in February, its lowest since July 2021, as year-ahead inflation expectations surged to 4.3%, the highest since November 2023.
The rise in inflation concerns is linked to President Trump's tariffs, affecting consumer spending and leading to a decline in stock market indexes.
The upcoming CPI report will further impact market sentiment and central bank policy decisions.
3 months ago
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