Weak job outlook weighs on U.S. consumer confidence despite rate cuts
U.S. households still aren't buying the "soft landing" story. In December, consumer sentiment rose, but not by much, and still came in lower than expected. The University of Michigan's sentiment index inched up to 52.9, just a 1.9-point rise from November. That was short of the 53.5 median forecast from economists surveyed by Bloomberg. Basically, [...]
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