US consumer confidence hits 2-year high at 114.8, reflecting inflation slowdown and positive employment outlook

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<p>US Conference Board Consumer Confidence rose from 110.7 to 114.8 in January, above expectation of 113.2, and marks the highest level since December 2021. Present Situation Index rose sharply from 147.2 to 161.3. Expectations Index also improved slightly from 81.9 to 83.8. Dana Peterson, The Conference Board’s Chief Economist, attributes this surge in consumer confidence […]</p>
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