US confidence drops due to inflation
American confidence in the economy declined in September, as the consumer confidence index dropped by 6.7 points to 81.9. This was driven by ongoing high prices and stagnant wages, combined with the continued impact of Iran's conflict that began last February. Additionally, assessments of the current situation and short-term outlook decreased, reflecting an economic upheaval affecting overall trust and posing a threat to President Donald Trump’s and the Republicans’ chances in the midterm elections.
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