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Breaking Posted 7 hours ago

US Consumer Confidence Surges to October High on Lower Gas Prices

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US Consumer Confidence Index jumped 7.5 points to 91.7 in October, the largest monthly gain since May 2025, driven by falling gasoline prices and improved job-market perceptions. The Present Situation Index hit 120.4 while Expectations reversed three consecutive declines. Stronger consumer sentiment may support USD if it signals resilience ahead of PCE inflation data.
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