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US consumer sentiment drops to its lowest since the pandemic, driven by trade war fears.
US consumer sentiment, as measured by the University of Michigan's index, fell 11% in April to 50.8, its lowest level since the pandemic.
This marks the fourth consecutive month of declines, driven by growing concerns over the trade war's impact on jobs and inflation.
The share of respondents expecting unemployment to rise reached its highest level since 2009.
Long-term inflation expectations also rose to 4.4%, raising concerns for the Federal Reserve.
The decline was consistent across all demographics.
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El sentimiento de los consumidores estadounidenses cae a su nivel más bajo desde la pandemia, impulsada por los temores de guerra comercial.