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flag Consumer sentiment rose in January, defying expectations, as households grew more optimistic about jobs, inflation, and their finances despite high interest rates.

flag Consumer sentiment rose in January, surprising economists who had expected a decline, according to the University of Michigan's preliminary report. flag The index climbed to 72.4, up from December's 69.7, driven by improved perceptions of current economic conditions and greater optimism about future inflation and job prospects. flag Despite ongoing concerns about high interest rates, households showed increased confidence in their financial well-being.

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