US Consumer Sentiment Rises to Five-Month High on Economy Views
- University of Michigan final September sentiment at 70.1
- Short-term inflation views fell to 2.7%, lowest since 2020
Shoppers on 5th Avenue in New York. US consumers expect prices to rise at an annual rate of 2.7% over the next year.
Photographer: Yuki Iwamura/BloombergThis article is for subscribers only.
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US consumer sentiment continued to rise in late September, reaching a five-month high on more optimism about the economy in the wake of the Federal Reserve’s interest-rate cut.