The final reading of a U.S. consumer sentiment survey rose in June to a four-month high due to easing inflation and the end of a fight over the U.S. debt...
The numbers: The final reading of a U.S. consumer sentiment survey rose in June to a four-month high of 64.4. Easing inflation and the end of a political fight in Washington over the federal debt ceiling gave Americans more confidence in the economy.
The index rose from a preliminary 63.9 in early June and 59.2 in May, the University of Michigan said Wednesday. Key details: A gauge that measures what consumers think about the current state of the economy rose to 69 from an initial 68.
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