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Consumer Sentiment Ticked Down In Early January

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Two factors are behind the latest drop in consumer sentiment, as tracked by the University of Michigan’s Surveys of Consumers: inflation fears and the ever-more-apparent partisan skew to views of the economy. In the mid-month report, released Jan. 14, the Consumer Sentiment Index slipped back 1.8 point to 68.8. The deterioration of the Expectations Index…

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