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US consumer sentiment jumps for first time in 2025, says UMich report; tariff pause and steady prices lift confidence
US consumer sentiment rebounded in June, marking the first increase in six months, according to University of Michigan data. The Consumer Sentiment Index surged to 60.5, a 16% rise from May, signaling economic stabilization amid subdued inflation and eased trade tensions with China. Despite the improvement, sentiment remains below December 2024 levels, with consumers still wary of economic risks.
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