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The consumer is back – US Consumer Confidence rose the biggest since late 2011. It came out at 98.1 when compared with 85.9 last month. Moreover, it cruised beyond expectations of 91.6, reflecting a strong optimism about what lies ahead for the US economy.
Why Is Consumer Confidence Important?
In economics, it is all about confidence. For example, if the population does not trust a central bank’s ability to maintain price stability, the value of…
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