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The Conference Board Consumer Confidence Index® rose in May to 102.0 (1985=100) from 97.5 in April (a slight upward revision). The Present Situation Index—based on consumers' assessment of current business and labor market conditions—increased to 143.1 (1985=100) in May from 140.6 in April. Meanwhile, the Expectations Index—based on consumers' short-term ...
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post: KASHKARI: THINK THE ODDS OF FED RAISING RATES ARE QUITE LOW post: FED'S KASHKARI: WE COULD STAY ON HOLD FOR AN INDEFINITE PERIOD OF TIME.
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