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University of Michigan: Growing Borrowing Costs Offset Easing Inflation
January 28, 2023
ANN ARBOR, Michigan, Jan. 28 (TNSres) -- The University of Michigan issued the following news release:

Consumer sentiment lifted for the second straight month in January, rising 9% above December but remaining about 3% below a year ago, according to the University of Michigan Surveys of Consumers.

Easing inflation and strong incomes provided welcome support to the personal finances of American consumers and buoyed their views of current economic conditions, said U-M eco . . .

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