US consumer sentiment hits highest level since July as rate cuts boost optimism

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US consumer sentiment hits highest level since July as rate cuts boost optimism
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The growth was mostly driven by Americans' improved economic expectations, but economist Richard Curtin highlighted a growing partisan split in outlook.

US consumer sentiment hit its highest level in four months as Americans took advantage of lower interest rates and trade-war tensions abated. The University of Michigan's consumer sentiment index reached 96.8 in November, falling into the upper half of the 94 to 97.5 expected range, according to Bloomberg data.

US consumer sentiment hit its highest level in four months as Americans took advantage of lower interest rates and trade-war tensions abated. The University of Michigan's consumer sentiment index reached 96.8 in November, falling into the upper half of the 94 to 97.5 expected range, according to Bloomberg data.

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