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flag US consumer confidence drops to lowest in nearly a year amid inflation and trade policy worries.

flag US consumer confidence plummeted in February, falling to 98.3, its lowest level in nearly a year, according to the Conference Board. flag The decline was driven by concerns over inflation, which rose to 6%, and uncertainty around trade policies. flag The expectations index fell to 72.9, signaling potential economic challenges ahead. flag This drop in confidence also affected business activity, with companies citing tariffs and rising costs as key issues.

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