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Armed With Latest Consumer Confidence Data, Fed Still Eyes Rate Cut

Stores are opening but will consumers return? Join Cushman & Wakefield and rue21 for the Retail in Recovery webinar June 17 at 2 pm ET.

U.S. consumers are more confident than ever, shrugging their shoulders on talk of trade, tariffs and rising prices, but at the business level the mood could be vastly different. On Tuesday, The Conference Board said its Consumer Confidence Index rebounded in July by 11.4 points, representing the largest monthly pop since November 2011. That kind…

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