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U.S. Consumer Confidence Sinks as War Drives Inflation Fears

U.S. Consumer Confidence Sinks as War Drives Inflation Fears

Washington, D.C., Sunday, 12 April 2026.
Sparked by the Iran conflict, U.S. consumer sentiment plunged 11 percent in April 2026 as anxious households projected a striking 4.8 percent inflation rate for the coming year.