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via timesofindia.indiatimes.comEconomy

US consumer sentiment nears record low on fuel price hikes and cost-of-living concerns

FROM THE WIRE · TIMESOFINDIA.INDIATIMES.COM

US consumer sentiment edged down to near a record low in October as rising prices linked to the Middle East conflict weighed on households' views of the

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishConsumer sentiment near record lows can weigh on US spending and inflation expectations.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01US consumer sentiment edged down near a record low in October.
  2. 02Rising prices linked to the Middle East conflict weighed on households.
  3. 03The text cites cost of living and fuel price hikes as main factors.

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