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US Consumer Confidence Ticks Higher Ahead of Holiday Spending Cycle
US consumer confidence improved on easing inflation and stable labor conditions, supporting expectations of moderate holiday-season spending.
US consumer confidence improved modestly this month as easing inflation and stronger labor-market conditions supported spending expectations. Retailers highlighted steady early season demand in electronics, apparel and home goods. Analysts noted that wage gains outpaced headline inflation, lifting real purchasing power and helping stabilize sentiment after recent volatility.