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flag US consumer sentiment drops to lowest since 2022, fueled by inflation and trade war worries.

flag US consumer sentiment plummeted in March, reaching its lowest point since November 2022, due to rising inflation fears and trade war concerns. flag The University of Michigan's Consumer Sentiment Index dropped to 57.9, down from 64.7 in February. flag One-year inflation expectations surged to 4.9%, while long-term expectations rose to 3.9%, reflecting significant economic uncertainty.

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