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Market Impact: 0.2
US consumer sentiment near record low ahead of midterm elections
Source: reuters.com
Economic DataInflationGeopolitics & WarElections & Domestic PoliticsConsumer Demand & Retail
US consumer sentiment edged down in October to near a record low, according to a survey released Friday. The survey attributed households’ worsening economic views to rising prices amid the Middle East conflict, as congressional midterm elections approach with affordability a central issue.
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