JOHN CARNEY
Breitbart
A jump in consumer expectations for higher inflation dragged down consumer sentiment in the first weeks of May.
The University of Michigan’s survey of consumer sentiment dropped 6.2 percent from the final April read just a few weeks earlier to a score of 82.8. Economists had forecast a gain to 90.3 from 88.3.
A jump in consumer expectations for higher inflation dragged down consumer sentiment in the first weeks of May.
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