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flag US consumer confidence drops sharply in June, fueled by worries over inflation and tariffs.

flag Consumer confidence in the US dropped in June, with the Conference Board's index falling 5.4 points to 93. flag This decline affects all demographics and follows a trend of worsening confidence since the start of 2025. flag Concerns over tariffs and inflation, potentially leading to stagflation, are major factors. flag Retailers warn of price increases, and the Federal Reserve faces challenges in adjusting interest rates.

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