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US consumer confidence hits its lowest level since 2014 ahead of midterms

Rising goods and fuel costs are cited as key factors in the sharp drop in consumer confidence. United States consumer confidence has fallen to its lowest level since 2014, just over one month before the congressional midterm elections.

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U.S. consumer confidence has slipped to its lowest point since 2014, a decline attributed to rising goods and fuel costs. The dip occurs just over a month before the upcoming congressional midterm elections, highlighting growing economic concerns among Americans ahead of the vote.

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